Coinbase shares fell about 1% as major cryptocurrencies slipped and risk appetite cooled. Bitcoin support claims and falling exchange supply point the other way, and the report gives no new Coinbase business result.
Crypto trading conditions matter to Coinbase, so weaker prices and cooler risk appetite could weigh on activity. The report also describes Bitcoin support and falling exchange supply, which could help prices recover. It gives no new Coinbase business result, so it does not change the company's outlook.
Bitmine shares fell about 2% as cryptocurrencies dipped and traders pulled back from risk. Bitcoin support claims and falling exchange supply point the other way, and the report gives no new Bitmine business change.
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