COIN Stock Price Falls to Key Support Despite ARK’s $43.5M Purchase: What’s Next?

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The post COIN Stock Price Falls to Key Support Despite ARK’s $43.5M Purchase: What’s Next? appeared first on Coinpedia Fintech News

Coinbase (NASDAQ:COIN) is once again testing investor conviction. Despite Cathie Wood’s ARK Invest purchasing nearly $43.5 million worth of Coinbase shares over the past three trading sessions, the stock continues hovering near a crucial support zone around $150. At the same time, CEO Brian Armstrong’s vision of turning Coinbase into the financial infrastructure for AI …