Why coinbase stock is down

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Coinbase COIN stock Analysis \u0026 Why Coinbase stock - COIN - goes down
Coinbase stock, as well as Marathon Digital and Riot Platforms, went up in anticipation of a big move for Bitcoin, only to crash back down after. There was no let up for shorts in December as Coinbase shares soared more than 40%, which led to paper losses of $1 billion since the beginning. Shares of Coinbase Global (COIN %) dropped by as much as % in trading on Monday as investors speculated that interest rates would stay.