Coinbase’s ‘solid’ earnings could be hurt by low volume, Fed headwinds, analysts say

Photo of author

By Maya Cantina

Coinbase’s ‘solid’ earnings could be hurt by low volume, Fed headwinds, analysts say

“What will be interesting to see is whether crypto will be correlated with the stock market — which, if it is, then things could get seriously murky,” said Brian D. Evans, founder and CEO of venture capital firm BDE Ventures. “But if crypto shows a correlation with gold, then the trajectory should be upward.”

Source link

Leave a Comment