▶ Coinbase Website: Coinbase.com
▶ CEX Website: cex.io
Compass Point has downgraded Coinbase stock to a “Sell” rating and reduced its year-end price target from $330 to $248. The downgrade reflects concerns over weakening retail participation, falling subscription revenues, and mounting competition in stablecoins and DeFi. CoinDesk’s Jennifer Sanasie breaks it down on “Chart of the Day,” presented by crypto.com.
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#cryptocurrency #digitalfinance #finance #bitcoin #crypto
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▶ Coinbase Website: Coinbase.com
▶ CEX Website: cex.io
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