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Crypto

Coinbase Stock Plummets 1.75% Amid Ongoing Bearish Trend

Guavy AI Editorial Team
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BTC
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Coinbase's stock price has dropped by 1.75% after the company published a tweet on economic rights and the solution provided by Bitcoin.

The tweet stated that if someone's economic rights can be taken away, all their rights can also be taken away. It added that Bitcoin fixes this issue.

According to technical analysis, Coinbase is experiencing persistent selling pressure across various timeframes.

The company's stock price is currently trading below its major moving averages, including the MA-20, MA-50, and MA-200.

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