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Investment Bank MCH Double Downgrades Coinbase Rating to Sell

Investment Bank MCH Double Downgrades Coinbase Rating to Sell

BlockBeats News, February 12, US investment bank Monness, Crespi, Hardt & Co., Inc. has downgraded Coinbase’s rating to sell. The reason is the continued weakness in the cryptocurrency market, and simultaneously lowered Coinbase’s revenue, EBITDA, and EPS expectations. It is currently expected that the cryptocurrency market will remain weak in 2026 and 2027. Since the end of 2025, Coinbase has fallen by about 50%.

According to Bitget market data, Coinbase is currently trading down 0.2% in pre-market trading, with a stock price of $152.76, and a total market value of about $41 billion.

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