Coinbase Shares Now Sitting Near Reference Price; Why That Makes Them A Buy – Investing.com
- Date: 11-Jan-2022
- Source: Investing.com
- Sector:Financial Markets
- Country:Middle East
Coinbase Shares Now Sitting Near Reference Price; Why That Makes Them A Buy – Investing.com
This article was written exclusively for Investing.com
Love them or hate them, cryptocurrencies have offered market participants unprecedented returns over the past decade. However, the road to profits via the digital token asset class has been hair-raising, with wild price swings in either direction.
In 2021, traded within an over $40,500 range—from $28,383.16 to $68,906.48. At the $41,600 level on Jan. 10, the price was over $7,000 below the midpoint of the 2021 trading range.
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