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Coinbase Stock Drops as Crypto Prices Tumble

By Hannah Miller
· · Source: The Information

Coinbase’s stock fell 6% Tuesday to $262 as the prices of major cryptocurrencies tumbled. Bitcoin, the world’s most widely held cryptocurrency, is currently down 8% at $48,800 after surging to almost $52,000 on Monday. Ether dropped 7% to $3,800, while other cryptocurrencies, including Solana’s SOL token, Ripple’s XRP and dogecoin dipped sharply as well. Cryptocurrencies fared worse than...

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