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Coinbase slips more than 11% as bitcoin dives

by Editor June 14, 2022, 7:19 am 1.7k Views

Coinbase slips more than 11% as bitcoin dives

The logo for Coinbase Global Inc, the biggest U.S. cryptocurrency exchange, is displayed on the Nasdaq MarketSite jumbotron and others at Times Square in New York, U.S., April 14, 2021.

Shannon Stapleton | Reuters

Coinbase shares closed down 11.4% on Monday.

Coinbase makes a commission when people buy and sell cryptocurrencies. Monday’s move appears to be tied to the tumbling crypto market.

Bitcoin is now trading at the lowest levels since…

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