Coinbase Global is trading 4% down at $154.07 in pre-market, extending its recent pullback as crypto prices and broader risk assets weaken.
- The stock is tracking declines in Bitcoin and Ethereum, which are both down approximately 2β3% over the last 24 hours.
- Broader pressure on U.S. equity futures and tech names suggests the move is driven by macro risk-off sentiment rather than company-specific news.