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3 Reasons to Proceed With Caution When Considering Coinbase Stock

[email protected] (Michael Byrne)

Shares of Coinbase Global (COIN -2.79%) are down more than 85% from their 52-week high and more than 80% year to date. But it looks like there is no rest for the weary as new challenges continue to emerge on the horizon for the crypto giant. Here are three looming threats that investors should take into account when considering a position in Coinbase. 
Intensifying competition and fee compression 
As if plummeting crypto prices weren’t enough to contend with, Coinbase is also grappling with intensifying competition and the threat of fee compression.

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