Why did Coinbase stock drop today? Risk-off mood ahead of Fed rate hike

Oct. 31, 2022 5:04 PM ETCoinbase Global, Inc. (COIN)By: Liz Kiesche, SA News Editor2 Comments

Coinbase Releases Third-Quarter Financial Results

Leon Neal

  • With the three major U.S. stock averages snapping a six-session winning streak, crypto-related stocks dropped even more drastically, reflecting a risk-off environment.
  • Cryptocurrency exchange Coinbase (NASDAQ:COIN) stock slid 8.1% in Monday trading, a day when bitcoin (

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