Shares of a number of banks and monetary companies firms, together with Coinbase International Inc COIN, are buying and selling decrease amid continued volatility as merchants assess latest Fed coverage modifications and ongoing inflation issues.
Merchants and traders are additionally looking ahead to Coinbase’s first-quarter earnings report, which is confirmed for Tuesday’s after-hours session. Based on analyst consensus estimates, Coinbase is anticipated to report EPS of 17 cents on income of $1.48 billion.
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Coinbase is the main cryptocurrency trade platform in the US.
Based on knowledge from Benzinga Pro, Coinbase has a 52-week excessive of $368.90 and a 52-week low of $72.49.