Coinbase stock slides as Senate pauses crypto bill after Armstrong balks — what COIN investors watch next
New York, Jan 15, 2026, 10:44 (EST) — Regular session 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. (Reuters) The bill serves as a key trigger for U.S.-listed crypto companies, clarifying exactly when tokens are classified as securities versus commodities. That distinction determines which regulator governs spot trading, custody, and