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Coinbase Stock Faces 18% Downside Risk After New Product Launch Fails to Impress

iconThe Coin Republic
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Coinbase (COIN) stock faces 18% downside risk after new product launches failed to boost **risk appetite**. Futures, perpetuals, and stock trading rolled out in the U.S., but investors remain cautious. Money flow shows little institutional interest. The stock fell 3% in 24 hours and has dropped for a month. A break below $244 could send it to $198. The weak crypto backdrop and rising competition from Robinhood add pressure. Traders watch key levels and **altcoins to watch** for market shifts.
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