Coinbase Jumps Even As Bitcoin Retracement Seen Hitting Low $70,000s; Is Coinbase Stock A Buy Now?

1 week ago

Coinbase (COIN) jumped more than 7% on Tuesday as bitcoin ended up near $83,000. Is Coinbase stock a buy or sell now? Analysts at Nexo, a crypto intelligence platform, see a possible retracement to the low $70,000s for bitcoin as investor sentiment remains risk-off. Earlier, Coinbase stock rose amid reports that the crypto exchange was seeking information from the Securities…

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