An unclear prognosis for the cryptocurrency business in the run-up to the 2024 elections is hurting Coinbase (COIN), as the cryptocurrency exchange sees its market share drop. The lack of moat in crypto trading creates opportunities for up-and-coming rivals, possibly undermining Coinbase’s dominance, an analyst wrote. COIN shares are down to $87.31, which is around 8% down from last week.
Coinbase ($COIN) Losing Market Share Amid Bitcoin ETF Filings, Bad News For Crypto?
coingape.com
05 August 2023 13:50, UTC