Coinbase (COIN) Crypto Collapse

Coinbase (COIN) is a name that has been unravelling. Alex Coffey and Jenny Horne discuss COIN as it has been downgraded to sell from neutral by Goldman Sachs. They talk about how crypto has been falling and COIN is down around 70% since the start of 2022. They then go over how there is a lot of volatility in COIN because of the volatility in bitcoin. They also cover some possible reasons that COIN continues to fall. Finally, they demonstrate an example trade using COIN. Tune in to find out more.

Next Gen Investing

27 Jun 2022

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