Why Coinbase, Riot Platforms, and Shiba Inu Are Falling Today
Shares of many cryptocurrencies and crypto-related stocks fell today after the Securities and Exchange Commission (SEC) sued the world's largest crypto exchange, Binance.
Shares of the large U.S.-based crypto exchange (NASDAQ: COIN) traded roughly 12.5% lower as of 1:41 p.m. ET today, while shares of Bitcoin miner Riot Platforms (NASDAQ: RIOT) traded roughly 9.4% lower.
Meanwhile, since late afternoon yesterday, the price of cryptocurrency Shiba Inu (CRYPTO:SHIB) was down roughly 7.7%.
Source Fool.com
Coinbase Global Inc. Stock
€229.05
-0.720%
Currently there is a rather positive sentiment for Coinbase Global Inc. with 46 Buy predictions and 22 Sell predictions.
On the other hand, the target price of 215 € is below the current price of 229.05 € for Coinbase Global Inc., so the potential is actually -6.13%.
