Coinbase's Chart Flashes Death Cross As Bitcoin Falls Amid Crypto Winter Fears

Coinbase's Chart Flashes Death Cross As Bitcoin Falls Amid Crypto Winter Fears

Coinbase stock has been languishing below its 50-day moving average since November. Shares on Tuesday slid, extending a five-day losing streak, and remained well below their 50-and 200-day moving averages. Coinbase stock has been hurt by bitcoin's recent price slump to under $90,000 on worries that a new "crypto winter" is forming.

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