en
Back to the list

Coinbase Stock Price Analysis: How Can Stablecoin Expansion Can Bolster Q2 Earnings

source-logo  coingape.com 23 July 2024 14:05, UTC

Since mid-July, Major stock indexes such as the S&P 500 and Nasdaq Composite projected a fresh correction trend and fell to last Friday’s low of $5497 and $17691 respectively. Defying the bearish pullback Coinbase Stock price analysis showed a notable growth likely attributed to the recovery trend in the crypto market. As the business for Coinbase is expected to grow from the upcoming Ethereum ETF and Stablecoin momentum, several analysts hinted at a positive Quarter 2 earning report. Right time to buy COIN Stock?

coingape.com