Coinbase $COIN is looking washed out, but the upside may be asymmetric 🔥
Coinbase has been hit hard enough that weak volume and softer revenue may already be priced in. William Blair’s read is that the tape is risk-off, but Coinbase’s broader platform and USDC’s climb from 21% to 27% of the $300B stablecoin market are strengthening the institutional story. If crypto liquidity improves, the crowd could rotate back fast.
Not financial advice. Manage your risk and protect your capital.
#Coinbase #Crypto #Stablecoins #USDC #Investing
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COINUSDT
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