Coinbase’s blue-chip streak on Wall Street stalls after surge to $106 billion market cap

Coinbase hit $106 billion in value after joining the S&P 500 earlier this year, riding a 69% rally that pushed it to the front of the crypto-to-Wall-Street pipeline. That run ended hard last week when the stock dropped 17% after its earnings release, the second-biggest post-earnings dip in the company’s history. Analysts are now asking […] source: https://www.cryptopolitan.com/coinbases-blue-chip-streak-stalls/