
Shopping for a Coinbase inventory (NASDAQ:) to realize oblique publicity within the (BTC) market has been a nasty technique up to now in comparison with merely holding BTC.
Notably, COIN is down by almost 50% to nearly $186, if measured from the opening fee on its preliminary public providing (IPO) on April 14, 2021. Compared, Bitcoin outperformed the Coinbase inventory by logging fewer losses in the identical interval — somewhat over 30% because it dropped from almost $65,000 to round $41,700
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