Bitcoin sinks below $87,000 as crypto assets slide, metals soar post-Xmas [Yahoo! Finance]
Coinbase Global, Inc. - 3Class A (COIN)
US:NASDAQ Investor Relations:
convertedorganic.com
Company Research
Source: Yahoo! Finance
Nudging above $89,000 at one point as the U.S. slept on Friday, bitcoin (BTC) quickly tumbled back below $87,000 as American stocks opened for trade following the Christmas holiday. Again all too familiar for crypto bulls, the poor price action occurred as metals continued to soar, with gold, silver, copper and platinum all posting new record highs on Friday. Already attracting capital that might otherwise go to bitcoin as part of the global debasement trade, the metals today are also maybe benefitting from rising geopolitical tension after the U.S. hit Islamic State targets in Nigeria on Christmas Day and added to pressure against Venezuela by blocking sanctioned oil tankers. Palladium and platinum led the metals surge, both up more than 10%, while silver and copper gained 5%. Gold is ahead 1.5% to $4,573 per ounce. The Nasdaq, S&P 500, and DJIA were all trading nearly flat in morning action. Bitcoin was lower by 1.6% over the past 24 hours; ether (ETH) was down similarly.
Show less
Read more
Impact Snapshot
Event Time:
COIN
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
COIN alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
COIN alerts
High impacting Coinbase Global, Inc. - 3Class A news events
Weekly update
A roundup of the hottest topics
COIN
News
- Coinbase named a top three 2026 fintech pick at Clear Street [Yahoo! Finance]Yahoo! Finance
- EU's Stricter Crypto Tax Reporting Rules Take Effect January 2026: Is DAC8 A Crackdown On Crypto? [Yahoo! Finance]Yahoo! Finance
- 3 Low-Cap Altcoins Show Strong Accumulation in December [Yahoo! Finance]Yahoo! Finance
- Crypto Fear & Greed Flashes ‘Extreme' Longer Than Amid FTX Panic [Yahoo! Finance]Yahoo! Finance
- 40% of Ethereum Supply Slips Into Loss as Whales Take Opposing Positions [Yahoo! Finance]Yahoo! Finance
COIN
Earnings
- 10/30/25 - Beat
COIN
Sec Filings
- 12/23/25 - Form 4
- 12/22/25 - Form 144
- 12/22/25 - Form 4
- COIN's page on the SEC website