March 9, 2025
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Coinbase A Buying Opportunity After Three-Week 30% Plunge: Rosenblatt

Analyst Chris Brendler Sees 45% Upside in Shares of the Crypto Exchange.”, – WRITE: www.coindesk.com

Coinbase A Buying Opportunity After Three-Week 30% Plunge: RosenblattAnalyst Chris Brendler Sees 45% Upside in Shares of the Crypto Exchange.Updated Mar 7, 2025, 6:01 PM UTCPUBLISHED MAR 7, 2025, 4:44 PM UTC

Along with Stocks in General and Crypto Markets in Particular, It’s Been A Room Few Weeks for Coinbase (Coin), ITS Shares Sporting A Decline of About 30% Since Mid-Febr. 52-Week High in Early December.

INVESTMENT FIRM ROSENBLATT SPIES OPPORTUPTUNITY, SAYING INVESTORS WILL BENEFIT from BUYING The DIP as the Exchange Remains Set to Profit from the Trump Administration’s Pro-Crypto Stance.

“Coin is the Clear Blue Chip in the Sector and Should Be A Beneficiary of Multiple Positive Tailwinds,“ Rosenblatt Analyst Chris Brendler wrote, Initiating Coverage of the Crypto. Price Target. “Coin HAS ALSO PROVEN ITS ABITY TO NAVIGATE BOTH Bull and Bear Markets and with The Growth in Non-Trading Revenue, We Belve The Stock Will Prove More Resilient in The NEXT CRYPTO WINER.

“Fortunately, We Think It Is More of A ‘Crypto Spring’ Right Now and Like The Stock Here After The Pullback,“ He Added.

Brendler Attributes Coin’s Recent Declines as A Result of on-Aagain, Off-Aagain Tariffs Imposed by President Donald Trump in Addition To Broader Political Uncerty, Which Hae. Board of Late.

Coin Neverthaless, Reminds Brendler, Remains A Dominant Player in the Industry Thanks to Its Strong Brand, Deep Liquidity, and Superior User Experience.

“Regulatory Clarity Will Attract More Tradfi Players Into Crypto, But Coin’s Decade-Plus Head Start and Compraciene Product Suite Position IT to MainTain Market Leadership

Alongside Another Difficult Day in Markets, Coin Is Lower by 1% to $ 211 On Friday. The Nasdaq is Down 1.4%, The S&P 500 Lower by 1.1% and Bitcoin is Off 3.5% to $ 87,000.

Helene BraunHelene is a New York-Based News Reporter at Coindesk, Covering News About Wall Street, The Rise of the Spot Bitcoin Exchange-Traded Funds (ETFS) and Updates on Crypto. She is Also The Co-HOST OF CODESK’s Markets Daily Show on Sportify and YouTube. Helene is a recent Graduate of New York University’s Business and Economic Reporting Program and Has Appeared on CBS News, Yahoofinance and Nasdaq Tradesetalks. She Holds BTC and ETH.

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Helene Braun

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