Coinbase Shares Tumble With Bitcoin: What's Going On?
Coinbase Shares Tumble With Bitcoin: What's Going On?
Coinbase Global, Inc. (NASDAQ:COIN) shares are trading higher Friday as the prices of Bitcoin (CRYPTO: BTC) and other cryptocurrencies fall.
Coinbase Global，Inc. (納斯達克:COIN)股價週五上漲，比特幣（數字貨幣:BTC）等加密貨幣價格下跌。
The Details:
細節：
The price of Bitcoin has fallen nearly 12% over the past five days as investors digest the movement of a large amount of Bitcoin by defunct cryptocurrency exchange Mt. Gox from a cold wallet to a new wallet, possibly in preparation for payouts to its creditors.
在過去的五天中，比特幣的價格下跌了近12％，因爲投資者正在消化失效的加密貨幣交易所Mt. Gox將大量比特幣從冷錢包轉移到新錢包的移動，可能爲向債權人支付做準備。
Cryptocurrency analyst Ali Martinez sounded a bearish alarm, with more potential downsides to follow for Bitcoin.
加密貨幣分析師Ali Martinez發出了看淡信號，比特幣可能會有更多的下行風險。
"Bitcoin closing below $57,000 could spell trouble, with potential support only at $51,000," Martinez stated.
“比特幣收盤下跌至57,000美元以下可能會帶來麻煩，可能僅有的支撐位是51,000美元，”馬丁內斯說。
At the time of publication, Bitcoin is down 3.51% over the past 24 hours at $55,430.82, according to data from Benzinga Pro.
根據Benzinga Pro的數據，在過去24小時內，比特幣下跌了3.51％，報55,430.82美元。
Looking ahead to the upcoming Presidential election, Chris Senyek, Chief Investment Strategist at Wolfe Research, suggested that a Trump presidency could ease crypto regulations, benefiting companies like Coinbase.
展望即將到來的總統大選，渥爾夫研究公司首席投資策略師Chris Senyek表示，特朗普的總統任期可能會放寬加密貨幣監管，從而惠及像Coinbase這樣的公司。
"Trump would be less hard on crypto regulation, and Coinbase would be a big beneficiary of that given their leverage to bitcoin," Senyek said during CNBC's "Last Call" on Tuesday.
“特朗普在加密貨幣監管方面不會那麼嚴格，考慮到他們與比特幣的槓桿，Coinbase將成爲受益者之一，” Senyek在CNBC的“最後呼叫”中表示。
Will COIN Stock Go Up?
COIN股票會上漲嗎？
When trying to assess whether or not Coinbase Global will trade higher from current levels, it's a good idea to take a look at analyst forecasts.
在嘗試評估Coinbase Global的股票是否會從當前水平上漲時，了解分析師的預測是一個好主意。
Wall Street analysts have an average 12-month price target of $248.10 on Coinbase . The Street high target is currently at $325 and the Street low target is $110. Of all the analysts covering Coinbase, 10 have positive ratings, 6 have neutral ratings and 4 have negative ratings.
華爾街分析師對Coinbase的平均12個月目標價爲248.10美元。目前最高目標價爲325美元，最低目標價爲110美元。在所有分析師中，有10個給予積極評價，6個給予中性評價，4個給予負面評價。
In the last month, 2 analysts have adjusted price targets. Here's a look at recent price target changes [Analyst Ratings]. Benzinga also tracks Wall Street's most accurate analysts. Check out how analysts covering Coinbase have performed in recent history.
在過去一個月中，有2個分析師調整了價格目標。以下是近期價格目標變化的概述[分析師評級]。Benzinga還追蹤華爾街最準確的分析師。請查看覆蓋Coinbase的分析師近期表現。
Stocks don't move in a straight line. The average stock market return is approximately 10% per year. Coinbase is 185.75% up year-to-date. The average analyst price target suggests the stock could have further upside ahead.
股票走勢不可能一直向上。平均股票市場回報率約爲10％ /年。 Coinbase今年迄今爲止上漲了185.75％。平均分析師的價格目標表明，該股可能還有進一步上漲空間。
For a broad overview of everything you need to know about Coinbase, visit here. If you want to go above and beyond, there's no better tool to help you do just that than Benzinga Pro. Start your free trial today.
想了解關於Coinbase的所有內容，請點擊這裏。如果您想進一步了解，那麼沒有比Benzinga Pro更好的工具來幫助您。立即開始免費試用吧。
COIN Price Action: According to Benzinga Pro, Coinbase Global shares are down 4.64% at $214.50 at the time of publication Friday.
根據Benzinga Pro的數據，在本週五出版時，Coinbase Global股價下跌4.64％，報214.50美元。
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Image: Shutterstock
圖片：shutterstock
譯文內容由第三人軟體翻譯。