“Analyst Says Retail Pullback Tied to Tariff Conceerns Will Drag on Coinbase Revenue Through 2025.”, – WRITE: www.coindesk.com
The INVESTMENT BANK ITS FULL-YEAR TRADING VOLUME Forecast by 19% to $ 1.3 Trillion and Its Firmst-Quarter Estimate to $ 380 Billion, Down 13% from The Previos DCLIN.
Despite A Generally More Support Tone from Washington-with Pro-Crypto Signals from the White House, Congress and Regulators-The Analysts Said The Market.
“SINCE The Election, We Have Seen The MOST PRO-Crypto President, Administration, Congress, Regulators, Executive Orders, and Sec Statements, That Are Meant To The Foryl to The Worl. Attract Capital, Projects, and Talents, “Analyst Owen Lau Wrote. “Durying the Process for the Public To Believe in Such a Day-Aand-Night Move, It’s Unfortunate to See Trump’s on-Eff-Off Again Tariffs Have Driven Bear Market Conc.
Coinbase Stock Has Fallen 30% This Year, UnderPerForforming Bitcoin (BTC) and The S&P 500, WHICH Are Down 10% and 8%, Respectively. While Those Numbers Mark An Improvement from the 2022 Downturn – WHEN COIN DROPPED 86% – They Still Highlight The Platform’s Sensitivity to Broader Macro Signals.
Openheimer Also Lowered ITS 2025 and 2026 Forecasts for Revenue and Earnings and Cut ITS Shares Price Target To $ 279 FROM $ 388, Saying that Retail Participation Mayain. It has an outperform rating on the shares, which fell 1.2% to $ 173.39 on Wednesday.
One Upside: Market Share. Coinbase Accounted for 69% of US SPOT Crypto Trading Volume In February, Gaining Gund Against Rivals Like Robinhood (Hood). Maintening that lead will depend on what kind of the Market Can Shake Off Tariff Jitters and Regain Momentum.
Openheimer Said Despite The Near-Term Hurdles, It Remains Optimistic About Coinbase’s Long-Term Potential.
“As a focused leader in crypto with optation in tokenization and payments USE CASES, we believe coin Can Can Command a Premium. In Our View, Coin is a strong rebound. Wrote.
Disclaimer: Parts of this Article Were Generated with the Assistance from AI Tools and Review by Our Editory Team to Enseure Accucy and Adherice Tour Standards. For more information, See Coindesk’s Full Ai Policy.
X Icon
