Coinbase shares are trading lower. Bitcoin was volatile in Thursday's session amid reports US debt limit talks have stalled.
Portfolio Pulse from Benzinga Newsdesk
Coinbase shares are trading lower due to Bitcoin's volatility amid stalled US debt limit talks.
May 19, 2023 | 3:44 pm
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Coinbase shares are negatively impacted by Bitcoin's volatility caused by stalled US debt limit talks.
Coinbase shares are trading lower as Bitcoin experiences volatility due to stalled US debt limit talks. As a major cryptocurrency exchange, Coinbase's revenue and stock price are closely tied to the performance of cryptocurrencies like Bitcoin. The uncertainty surrounding the debt limit talks is causing investors to be cautious, leading to a negative impact on Coinbase's stock price.
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IMPORTANCE 80
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