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Sell Coinbase Before Derivatives Squeeze Crypto Giant, Says Compass Point

Decrypt·
Sell Coinbase Before Derivatives Squeeze Crypto Giant, Says Compass Point
AI Analysis

Compass Point analysts have maintained a bearish outlook on Coinbase, setting a price target of $140 due to increasing competition in the derivatives market. Investors are advised to sell as the pressure from this competition could negatively impact Coinbase's performance.

Key Topics

CoinbaseCompass Point

Originally reported by Decrypt. Read the full article ↗

Sell Coinbase Before Derivatives Squeeze Crypto Giant, Says Compass Point | AI Crypto Daily Wire