Bitcoin Prices Approach $65,000 To Reach Lowest Since Mid-May [Forbes]
Coinbase Global, Inc. - Class A (COIN)
US:NASDAQ Investor Relations:
convertedorganic.com
Company Research
Source: Forbes
Bitcoin prices retreated today, falling to their lowest in nearly a month as various factors combined to fuel their latest declines. The world's most prominent digital currency dropped to $65,005 this afternoon, according to Coinbase data . At this point, the cryptocurrency was trading at the least since roughly mid-May. When asked to explain these latest price developments, analysts highlighted several factors, ranging from the recent decisions of the Federal Open Market Committee to developments in the futures markets. The Fed's Potential ‘Policy Mistake' The FOMC may have erred earlier this week when it opted to leave the target range for the federal funds rate unchanged and forecasted it would reduce this rate only once in 2024, according to one market observer. “There's a strong emerging narrative of ‘did the Fed just make a policy mistake' as on Wednesday they held rates at recent highs and dialed back projections for cuts for the rest of the year, just as a bunch of in
Show less
Read more
Impact Snapshot
Event Time:
COIN
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
COIN alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
COIN alerts
High impacting Coinbase Global, Inc. - Class A news events
Weekly update
A roundup of the hottest topics
COIN
News
- ETP Summit Financial Experts Advocate up to 3% Digital Asset Allocation in "Portfolio 3.0" [Yahoo! Finance]Yahoo! Finance
- Team Liquid and Community Gaming announce 20K USDC Tournament Series For Onchain Summer 2024 [Yahoo! Finance]Yahoo! Finance
- BaseFi Launching Presale on Base Chain: A New Era for Project Incubation and Staking in the Base Ecosystem [Yahoo! Finance]Yahoo! Finance
- German Government Begins Massive Bitcoin Sell-Off, Sparking Market Jitters [Yahoo! Finance]Yahoo! Finance
- Coinbase Global, Inc. (COIN) Suffers a Larger Drop Than the General Market: Key Insights [Yahoo! Finance]Yahoo! Finance
COIN
Earnings
- 5/2/24 - Beat
COIN
Sec Filings
- 6/20/24 - Form 4
- 6/20/24 - Form 8-K
- 6/18/24 - Form 4
- COIN's page on the SEC website