Coinbase fell 8% to an all-time low of $32.65 in a slow day of trading alongside the S&P 500 and Nasdaq.
Other crypto-related stocks fell, including Galaxy Digital and MicroStrategy.
Bitcoin dropped 1.1% over the past 24 hours, while ether declined 0.7%.
© 2022 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
Source: https://www.theblock.co/post/198162/coinbase-all-time-low-kicks-off-slow-holiday-week?utm_source=rss&utm_medium=rss