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Coinbase Slides as Wall Street Sends Mixed Signals

Coinbase Slides as Wall Street Sends Mixed Signals

Coinbase Global, Inc. shares fell nearly 8% amidst broader market volatility, closing at $274.31. The decline followed a reduced outlook by an investment research firm, citing concerns over Coinbase’s reliance on transactional revenue. Transactional revenue constitutes 61% of Coinbase’s total income, making
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