Coinbase hit with 50% price target cut as post-earnings rout deepens
Morgan Stanley has cut its price target for Coinbase by half, citing slowing trading activity and the fallout from a hack at Binance, which it says are weighing on the exchange's revenue outlook. Bitcoin was at $77,064 when the story was published, and it was down 0.0% in the first hour and remains down 0.0% since then.
Source: Cointelegraph · Written by Blockdeck from public reports and live market datamarket_reactionBTC/USD around the story−0.23% since the news
Price at the news$77,032.01
First hour after−0.23%
Since the news−0.23%
Volume that hour0.6× normal
Headline and excerpt credited to Cointelegraph. Prices on this page are live, not from the time of the story. Not financial advice.