🔴 Coinbase Global is trading 4.1% down today after a broader cryptocurrency pullback

Coinbase Global is trading at $184.80 (-4.10%) after a broader cryptocurrency pullback.

• Bitcoin is down 2.54% and Ethereum is down 2.47% since September 3’s close, weighing on crypto-sector sentiment.
• Coinbase’s September 3 filing for U.S. stock perpetual futures remains a strategic development, not a clear explanation for September 4’s decline.
• Major U.S. indexes are modestly lower ahead of employment data.