Coinbase hit an all-time low yesterday but says it’s not all b | C

Coinbase hit an all-time low yesterday but says it’s not all bad news

Coinbase, whose stock has been flirting with an all-time low, laid the ground for optimism in its 2023 Crypto Market Outlook. Factors including sustainable tokenomics, ecosystem maturity and relative market liquidity are expected to drive. “Many traditional risk assets still seem rich, and the investment theses for cryptocurrencies like BTC and ETH have not fundamentally changed in our view,” Coinbase wrote. However, in order to decouple them from traditional risk assets, digital currencies will require a “differentiated catalyst” in the first quarter of 2023.

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