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NASDAQ:HOOD 13 January 2026 - 23 January 2026

Coinbase stock slides as Senate pauses crypto bill after Armstrong balks — what COIN investors watch next

Coinbase stock slides as Senate pauses crypto bill after Armstrong balks — what COIN investors watch next

Shares of Coinbase Global, Inc. dropped roughly 4% Thursday after the U.S. Senate Banking Committee delayed moving forward on a broad crypto market-structure bill. The hold came amid renewed pushback from CEO Brian Armstrong. Coinbase stock slipped to around $245.58 in morning trading. Robinhood also declined, down about 2.9%, while Strategy fell approximately 4.6%. Bitcoin hovered near $95,791.
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