{"id":83177,"date":"2022-11-22T00:10:59","date_gmt":"2022-11-22T05:10:59","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=83177"},"modified":"2022-11-21T23:32:19","modified_gmt":"2022-11-22T04:32:19","slug":"coinbase-shares-tumble-as-bitcoin-slide-continues-investors-fear-contagion-from-ftx-collapse","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/11\/2022\/coinbase-shares-tumble-as-bitcoin-slide-continues-investors-fear-contagion-from-ftx-collapse.html","title":{"rendered":"Coinbase shares tumble as bitcoin slide continues, investors fear contagion from FTX collapse"},"content":{"rendered":"\n<p>(CNBC) <a href=\"https:\/\/www.cnbc.com\/quotes\/COIN\/\">Coinbase<\/a> shares closed down more than 8% Monday, extending a slide that\u2019s pushed the crypto exchange to its lowest point since its market debut in April 2021. The drop comes as <a href=\"https:\/\/www.cnbc.com\/quotes\/BTC.CB=\/\">bitcoin\u2019s<\/a> slump continues and investors worry about contagion from FTX\u2019s <a href=\"https:\/\/www.cnbc.com\/2022\/11\/11\/sam-bankman-frieds-cryptocurrency-exchange-ftx-files-for-bankruptcy.html\">spectacular collapse<\/a> earlier this month. Nineteen months after going public with a market cap of over $85 billion, Coinbase has fallen below the $10 billion mark and has lost over a quarter of its value in the past four trading sessions.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2022\/11\/21\/coinbase-shares-drop-as-bitcoin-slides-ftx-related-concerns-mount.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) Coinbase shares closed down more than 8% Monday, extending a slide that\u2019s pushed the crypto exchange to its lowest point since its market debut in April 2021. The drop comes as bitcoin\u2019s slump continues and investors worry about contagion [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-83177","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/83177","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=83177"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/83177\/revisions"}],"predecessor-version":[{"id":83178,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/83177\/revisions\/83178"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=83177"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=83177"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=83177"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}