Even despite the continued growth of the crypto market (or rather, the altcoin market), Coinbase shares continue to fall 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.
COIN price, which started to rise immediately afterstart, could not keep at a high level and began to move along a descending trajectory. The company now has a market cap of $ 48.7 billion, half of the $ 100 billion last month.
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According to the materials cointelegraph.com