{"id":32443,"date":"2022-10-19T00:22:11","date_gmt":"2022-10-19T00:22:11","guid":{"rendered":"http:\/\/egrowonline.com\/?p=32443"},"modified":"2022-10-19T00:22:11","modified_gmt":"2022-10-19T00:22:11","slug":"why-bitcoin-ethereum-and-litecoin-related-stock-coinbase-fell-tuesday-coinbase-global-nasdaqcoin","status":"publish","type":"post","link":"http:\/\/egrowonline.com\/?p=32443","title":{"rendered":"Why Bitcoin-, Ethereum- And Litecoin-Related Stock Coinbase Fell Tuesday &#8211; Coinbase Global (NASDAQ:COIN)"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<p class=\"core-block\">Shares of crypto-related stock\u00a0<strong class=\"core-block\">Coinbase Global Inc<\/strong> <span class=\"ticker\" data-ticker=\"COIN\" data-exchange=\"NASDAQ\">COIN<\/span>\u00a0closed lower\u00a0by 4.28% to\u00a0$67.21 Tuesday\u00a0amid a drop in <strong class=\"core-block\">Bitcoin<\/strong> <span class=\"ticker\" data-ticker=\"BTC\/USD\" data-exchange=\"CRYPTO\">BTC\/USD<\/span> and <strong class=\"core-block\">Ethereum<\/strong> <span class=\"ticker\" data-ticker=\"ETH\/USD\" data-exchange=\"CRYPTO\">ETH\/USD<\/span>.<\/p>\n<p class=\"core-block\">Bitcoin fell as much as 2.18% to the $19,100-level and Ethereum fell as much as 3.17% to the $1,290-level\u00a0despite a continued\u00a0rebound in broader markets.\u00a0Major indices were\u00a0higher following better-than-expected third-quarter\u00a0earnings <a target=\"_blank\" href=\"https:\/\/www.benzinga.com\/trading-ideas\/long-ideas\/22\/10\/29311173\/chart-wars-will-bank-of-america-or-goldman-sachs-fly-higher-as-q3-earnings-season-kicks-\" class=\"core-block\" rel=\"noopener\">from Goldman Sachs<\/a>. Strong quarterly reports from U.S. banks have helped lift market sentiment going into the earnings season. Despite the\u00a0bounce in the equity market, Bitcoin and Ethereum have not taken part in this week&#8217;s risk-on rally.<\/p>\n<p class=\"core-block\"><em class=\"core-block\">See Also:\u00a0<a target=\"_blank\" href=\"https:\/\/www.benzinga.com\/general\/education\/22\/03\/26007476\/here-how-much-you-have-right-now-if-you-invested-100-in-tesla-when-elon-musk-1\" title=\"If You Invested $1,000 In Tesla Stock When Elon Musk Was Sued By The SEC In 2018, Here's How Much You'd Have Right Now\" class=\"core-block\" rel=\"noopener\">If You Invested $1,000 In Tesla Stock When Elon Musk Was Sued By The SEC In 2018, Here&#8217;s How Much You&#8217;d Have Right Now<\/a><\/em><\/p>\n<p class=\"core-block\">Coinbase is the leading cryptocurrency exchange platform in the United States.<\/p>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/22\/03\/26319144\/why-btc-and-ethereum-related-stocks-are-fall\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shares of crypto-related stock\u00a0Coinbase Global Inc COIN\u00a0closed lower\u00a0by 4.28% to\u00a0$67.21 Tuesday\u00a0amid a drop in Bitcoin BTC\/USD and Ethereum ETH\/USD. Bitcoin fell as much as 2.18% to the $19,100-level and Ethereum fell as much as 3.17% to the $1,290-level\u00a0despite a continued\u00a0rebound in broader markets.\u00a0Major indices were\u00a0higher following better-than-expected third-quarter\u00a0earnings from Goldman Sachs. Strong quarterly reports from [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":32444,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[43],"tags":[50,315,158,1034,270,7233,8080,593,1087],"class_list":["post-32443","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-litecoin","tag-bitcoin","tag-coinbase","tag-ethereum","tag-fell","tag-global","tag-litecoinrelated","tag-nasdaqcoin","tag-stock","tag-tuesday"],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"http:\/\/egrowonline.com\/wp-content\/uploads\/2022\/10\/woman-3373913_1.jpg","_links":{"self":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/32443","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=32443"}],"version-history":[{"count":1,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/32443\/revisions"}],"predecessor-version":[{"id":32445,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/32443\/revisions\/32445"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/media\/32444"}],"wp:attachment":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=32443"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=32443"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=32443"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}