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Coinbase COIN stock Analysis \u0026 Why Coinbase stock - COIN - goes downCoinbase stock is trading around 7% above that buy point, but huge gains have disappeared after sharp losses in recent weeks. Crypto exchange giant Coinbase (COIN) Tuesday endured its worst daily decline since mid even as bitcoin (BTC) rallied to a month high. Coinbase shares were down 1% in early trading at $, reversing earlier gains. The cryptocurrency exchange's stock has tumbled from.