All of the valuation is in USD $$ , All its cashflow depends on higher $ value of crptos. If Crypto market is down , there will be less earnings for Coinbase.
Coinbase is working on new products which will eat away into its profit margins. But sooner or later it will bounce back . So long term Bullish , Short term ( 6-9 months ) Bearish.
Coinbase is working on new products which will eat away into its profit margins. But sooner or later it will bounce back . So long term Bullish , Short term ( 6-9 months ) Bearish.