Coinbase drops 11% after Goldman Sachs downgrades the crypto exchange on declining trading volumes amid bitcoin bear mar

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Coinbase drops 11% after Goldman Sachs downgrades the crypto exchange on declining trading volumes amid bitcoin bear mar

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https://markets.businessinsider.com/new ... kJY5tAsubM
  • Coinbase fell 11% on Monday after Goldman Sachs downgraded the crypto exchange to "Sell."
  • The bank said the ongoing decline in crypto prices will hurt trading volumes and reduce Coinbase's revenue.
  • Goldman Sachs set a $45 price target for Coinbase, implying a potential decline of 23% from current levels.
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