Coinbase Stock (COIN) Slips on Dec. 23, 2025 as Crypto Pullback Tests Its “Everything Exchange” Strategy
Coinbase shares fell about 3%–4% to $239 on Tuesday as major cryptocurrencies declined, pressuring crypto-linked stocks. The drop follows a choppy December despite new product launches and acquisitions, including an agreement to buy prediction markets startup The Clearing Company. The deal is expected to close in January; terms were not disclosed. Coinbase’s market cap stands near $64.5 billion.