Coinbase (COIN): Renewed Crypto Interest

“The bitcoin price fall from $68K to $19K was bad for Coinbase (COIN). I think that the bitcoin consolidation of around the $19K to $20K level, would be positive as long as it stays within this range. There has been renewed interest of consumer social media mentions of purchasing or investing in cryptocurrency in the Fall of 2022. Coinbase (COIN) is a clear market leader and there is a recent reversal intact with the consumer purchase intent mentions,” says LikeFolio’s Andy Swan. Tom White and Kevin Hincks weigh in on Coinbase CEO, Brian Armstrong, commentary about the company’s revenue stream.

Fast Market

17 Oct 2022

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