Home Fear & Greed Pools Wallets Dictionary Advertise Facebook Twitter Telegram Reddit Youtube
Market Cap:
24h Vol:
Cryptocurrencies: 13284
Markets: 100421
CoinInsight360.com logo CoinInsight360.com logo
ENG
EST
RUS
TUR
DEU
CHI
KOR
ITA
USD
USD
AED
AFN
ALL
AMD
ANG
AOA
ARS
AUD
AWG
AZN
BAM
BBD
BDT
BGN
BHD
BIF
BMD
BND
BOB
BRL
BTN
BWP
BYN
BZD
CAD
CDF
CHF
CLF
CLP
CNH
CNY
COP
CRC
CUC
CUP
CVE
CZK
DJF
DKK
DOP
DZD
EGP
ERN
ETB
EUR
FJD
FKP
GBP
GEL
GHS
GIP
GMD
GNF
GTQ
GYD
HKD
HNL
HRK
HTG
HUF
IDR
ILS
IMP
INR
ISK
JMD
JOD
JPY
KES
KGS
KHR
KMF
KPW
KRW
KWD
KYD
KZT
LAK
LBP
LKR
LRD
LSL
LYD
MAD
MDL
MGA
MKD
MMK
MNT
MOP
MRU
MUR
MVR
MWK
MXN
MYR
MZN
NAD
NGN
NIO
NOK
NPR
NZD
OMR
PAB
PEN
PGK
PHP
PKR
PLN
PYG
QAR
RON
RSD
RUB
RWF
SAR
SBD
SCR
SDG
SEK
SGD
SHP
SLL
SRD
SSP
STD
STN
SVC
SYP
SZL
THB
TJS
TMT
TND
TOP
TRY
TTD
TWD
TZS
UAH
UGX
UYU
UZS
VES
VND
VUV
WST
ZAR
ZMW
ZWL
America's Social Casino

Market Cap
24h Vol
13284
Cryptocurrencies
62.62%
Bitcoin Share
CoinGape 2025-04-04 08:37:27

Coinbase (COIN) Stock Price Plunges After Trump Tariff: Will $100 Be the Next Support?

Coinbase (COIN) Stock Price Plunges After Trump Tariff: Will $100 Be the Next Support?

The Trump tariff has brought major turbulence in the financial market, aiding the Coinbase stock price crash. Coinbase, being a crypto exchange, is heavily influenced by the crypto market’s performance, which is quite poor in the current scenario. Bitcoin’s price has declined to $83k, and the rest of the altcoins are under immense bearish pressure, pressuring the COIN stock price as well. Experts believe it could crash to $100 or even lower if the condition persists. Coinbase Stock Price Crashed 50% With Trump Tariff Donald Trump’s announcement of a 10% baseline tariff on all imports has affected the stock market and the rest of the financial market significantly. The $S&P 500 has experienced the worst drop since June 2020, the pandemic crash. The major stock price crashed , and the Coinbase (COIN) stock is no exception. In the last week alone, the COIN stock price has declined 25% and 50% from its ATH of $343.62 set in December 2024. Meanwhile, the price of gold surged, bringing more uncertainty to the stock industry. Although analysts believed the Fed may introduce rate cuts , the economic uncertainty may remain steady for some time, affecting COIN further. Coinbase Stock Price Risks Fall to $100, What’s Next? Coinbase stock had a steadily upward trend throughout 2024 before hitting its peak in December and following a massive downtrend. At present, it trades at $170.76, bearing a 6.6% loss today, but experts anticipate a further downtrend. Experts like Ali Martinez recently posted that the popular crypto exchange’s stock has broken out of its ascending channel, which could result in a massive correction to $130 or even $100. This is because the Trump tariff has triggered a trend shift, affecting the COIN stock price. An ascending channel tends to rebound from the lower boundary to the upper boundary and faces rejection and drops back before finding support and repeating the cycle. Recently, COIN broke out of this ascending channel, indicating a trend shift that could lead to a correction to $130 or even $100. Other Coinbase stock price predictions anticipate an $80 target in a bearish case or $400 in a crypto boom amid its revenue growth. Notably, the uncertainty is likely to stay unless investors’ sentiments get over the trade war. The post Coinbase (COIN) Stock Price Plunges After Trump Tariff: Will $100 Be the Next Support? appeared first on CoinGape .

Most Read News

Market Cap
24h Vol
62.62%
Bitcoin Share
277
Today News
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.