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Coinbase Global Inc<\/strong> COIN<\/span> shares are trading lower by 10.34% to $66.27 going into the close of Friday’s trading session. Shares of several banks and financial services companies are trading lower amid overall market weakness following better-than-expected U.S. unemployment data, which could negatively impact lending as it dims the outlook for a Fed policy pivot. A rise in Treasury yields have also weighed on the sector.<\/p>\n Coinbase is also trading lower in sympathy with the price of Bitcoin<\/strong> BTC\/USD<\/span> and Ethereum<\/strong> ETH\/USD<\/span>.<\/p>\n Bitcoin and Ethereum are trading lower by 2.72% to $19,400 and 2.24% to $1,320, respectively, going into the close of Friday’s session.<\/p>\n See Also:\u00a0Why Microsoft Shares Are Diving<\/a><\/em><\/p>\n What’s Going On In The Broader Market?<\/strong><\/p>\n The U.S. added 263,000 jobs last month, outpacing average economist estimates of 250,000 jobs, according to Benzinga Pro.\u00a0<\/p>\n New\u00a0data\u00a0from the Bureau of Labor Statistics showed the U.S. unemployment rate at 3.5%, beating the 3.7% level economists had projected. The labor participation rate dropped 0.1% to 62.3%, compared to the 63.4% pre-pandemic rate in February 2020…Read More<\/a><\/em><\/p>\n According to data from\u00a0Benzinga Pro<\/a>, Coinbase has a 52-week high of\u00a0$368.90\u00a0and a 52-week low of\u00a0$40.83.<\/p>\n<\/div>\n