Coinbase all-time low kicks off slow holiday week

Business•December 27, 2022, 4:28PM EST
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Coinbase all-time low kicks off slow holiday week

Quick Take

  • Coinbase fell 8% to an all-time low of $32.65 in a slow day of trading alongside the S&P 500 and Nasdaq.
  • Volume was low in markets, with investors likely taking much-deserved time off.
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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%.