Even with the continued growth of the crypto market (or rather, the altcoin market), Coinbase shares continue tofall steadily.
On Thursday, Coinbase Global Inc.'s share price fell to a new all-time low of $ 255. On the same day, the crypto market capitalization reached $ 2.4 million.
The price of COIN, which began to rise immediately afterstart, was unable to maintain a high level and began to move along a declining trajectory. The company's capitalization now stands at $48.7 billion – half that of $100 billion last month.
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Based on materialscointelegraph.com