Coinbase Reacts: Fed Rate Cut Reality Check

Markets & Money Today | 2 Min News | The Daily News Now! - A podcast by The Daily News Now! - Thursdays

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Coinbase stock dipped 2% after the Federal Reserve cut interest rates less aggressively than expected, signaling only one cut in 2026. Despite the drop, fueled by a cautious outlook and a weakening job market, Coinbase remains up 24% since January. Regulatory tailwinds, including potential spot crypto asset trading, offer some optimism, but the episode highlights the volatility inherent in crypto stocks, suggesting investors seeking stability might prefer companies with stronger cash flows. Hosted on Acast. See acast.com/privacy for more information.

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