Crypto Market Plummets, Coinbase Shares Tumble
Update: 2025-12-01
Description
Todays cryptocurrency market plunge, with Coinbase shares dropping nearly six percent, reflects a broader risk-off sentiment among investors. The Federal Reserves upcoming interest rate decisions and a stronger-than-expected jobs report contributed to this downturn. Despite initial market enthusiasm, investors shifted towards stable stocks like Walmart, prioritizing interest rates over potential growth sectors.
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