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Why Coinbase Stock Is Tumbling Premarket Today

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Shares of cryptocurrency exchange Coinbase Global, Inc. (NASDAQ:COIN) fell sharply in premarket trading on Tuesday.

The downside comes amid the lackluster sentiment relayed by the stock futures. The broader market will likely tread water after touching record highs in two successive sessions.

Coinbase’s shares could also be reacting the sell-off in the cryptocurrency market, especially after the SEC greenlighted the spot Bitcoin (CRYPTO:

Full story available on Benzinga.com

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