Coinbase Global Inc.（NASDAQ：COIN）股票週四面臨著巨大的銷售壓力

Coinbase Global Inc.（NASDAQ：COIN）的股票在4月28日星期四面臨著巨大的銷售壓力，因為加密貨幣交易所的股票急劇下降

Coinbase Global Inc (NASDAQ:COIN) shares faced a significant selloff on Thursday, April 28, with the cryptocurrency exchange’s stock plummeting and taking its price below the $200 mark for the first time in recent trading. The 5.36% drop highlighted the ongoing volatility in the broader crypto market, which continues to impact stocks directly tied to digital assets.

Coinbase Global Inc（NASDAQ：COIN）股票在4月28日星期四面臨重大拋售，加密貨幣交易所的股票下跌，其價格低於最近交易的200美元。 5.36％的下降強調了更廣泛的加密市場的持續波動，這繼續影響與數字資產直接相關的股票。

Coinbase’s Stock Drops to $198.40 Amid Market Fluctuations

在市場波動中，Coinbase的股票下跌至198.40美元

As of 1:24 PM GMT-4 on April 28, Coinbase’s stock was down $11.24, or 5.36% lower, trading at $198.40. The move takes the stock below its previous day’s closing price of $209.64.

截至4月28日GMT-4下午1:24，Coinbase的股票下跌了$ 11.24，或低5.36％，交易價格為198.40美元。此舉使股票低於其前一天的收盤價209.64美元。

Coinbase started the April 28 trading session at $208.20, and reached an early high of $208.78 in early morning trade. But the trend quickly reversed, with the stock steadily dropping throughout the session. By the afternoon hours, the stock touched an intraday low of $198.11, nearly reaching the psychological $200 mark before rebounding slightly.

Coinbase在4月28日的交易會開始時為208.20美元，並在清晨交易中達到了208.78美元的早期。但是趨勢很快倒轉，整個會議中的股票穩步下降。到下午的時間，該股票觸及了198.11美元的盤中低點，幾乎達到了200美元的$ 200大關，然後略有反彈。

Why Is Coinbase’s Stock Falling?

為什麼Coinbase的股票下跌？

The drop in Coinbase’s stock comes amid broader volatility in the cryptocurrency markets, where both Bitcoin and Ethereum saw losses on Thursday. Given Coinbase’s status as one of the largest crypto exchanges in the world, its stock is highly sensitive to changes in cryptocurrency prices and trading volumes.

Coinbase股票的下跌是由於在加密貨幣市場的波動性更大，比特幣和以太坊都在周四遭受損失。鑑於Coinbase的地位是世界上最大的加密交易所之一，其股票對加密貨幣價格和交易量的變化非常敏感。

When digital asset prices decline, as they did on Thursday, the trading volume on platforms like Coinbase typically shrinks, impacting its overall revenue and growth outlook.

當數字資產價格下跌時，就像週四一樣，Coinbase等平台上的交易量通常會縮小，從而影響其整體收入和增長前景。

In addition to cryptocurrency market trends, Coinbase investors are likely also considering concerns over regulatory scrutiny and increasing competition in the digital asset space. Although Coinbase remains a leader in the industry, the rise of decentralized exchanges (DEXs) and other competitors has made the market more fragmented, raising questions about Coinbase’s ability to maintain its market dominance in the long term.

除了加密貨幣市場趨勢外，Coinbase投資者還可能考慮對監管審查和數字資產領域的競爭增加的擔憂。儘管Coinbase仍然是該行業的領導者，但分散交流（DEX）和其他競爭對手的興起使市場更加分散，從而提出了有關Coinbase從長期保持市場優勢的能力的問題。

Coinbase’s Market Capitalization and P/E Ratio

Coinbase的市值和P/E比率

Despite Thursday’s sharp decline, Coinbase still boasts a market capitalization of about $50.4 billion, making it a notable player within the financial technology space. However, this large market cap does not render the company immune to investor sentiment shifts, especially given Coinbase’s close ties to the volatile cryptocurrency market.

儘管週四急劇下降，但Coinbase仍然擁有約5004億美元的市值，使其成為金融技術領域的著名參與者。但是，這個巨大的市值並不能使公司免疫投資者的情緒轉變，尤其是考慮到Coinbase與揮發性加密貨幣市場的密切聯繫。

Coinbase’s Price-to-Earnings (P/E) ratio stands at 20.93, which signals that, despite the company’s earnings being intrinsically linked to a fluctuating asset class, the market still recognizes value in the stock. The P/E ratio indicates a moderate outlook for Coinbase’s future growth as investors balance optimism for the company’s long-term potential with caution regarding its short-term performance.

Coinbase的市盈率（P/E）的比率為20.93，這表明儘管公司的收入與波動的資產類別固有相關，但市場仍然承認股票的價值。市盈率表明，隨著投資者對公司長期績效的長期潛力的樂觀情緒，對Coinbase的未來增長的前景適度。

Dividend Policy: No Dividend for Coinbase Shareholders

股息政策：共同股東沒有股息

Coinbase does not pay a dividend to its common stock shareholders, which may surprise some investors used to dividend-paying companies in more mature industries. This is common for fast-growing companies in the tech sector, especially those involved in emerging industries like cryptocurrency.

Coinbase不向其普通股股東帶來股息，這可能會讓一些投資者用來成熟行業股息公司的投資者感到驚訝。這對於技術領域的快速發展的公司，尤其是那些參與加密貨幣等新興行業的公司很常見。

Coinbase is currently focused on reinvesting earnings to expand its platform, improve its product offerings, and capitalize on the fast-evolving digital asset landscape. This strategy suggests that the company is prioritizing capital appreciation over income distribution, at least in the present stage of its development.

Coinbase目前專注於重新投資收益，以擴大其平台，改善其產品，並利用快速發展的數字資產格局。該策略表明，至少在目前的開發階段，該公司正在優先考慮對收入分配的資本讚賞。

Coinbase’s 52-Week Range: A Year of Extremes

Coinbase的52週範圍：極端一年

Despite today’s significant drop, Coinbase’s stock is still trading above its 52-week low of $142.58, highlighting the relative strength of its position over the past year. However, it is clear that the stock is currently a far cry from its 52-week high of $349.75, which underscores the substantial pullback the stock has faced from its peak.

儘管今天大幅下降，但Coinbase的股票仍在其52週低至142.58美元的低點以上，這突顯了其在過去一年中的相對強度。但是，很明顯，該股票目前與其52周高點349.75美元相去甚遠，這突顯了該股票從其峰值面臨的大量回調。

Over the past year, Coinbase’s stock has closely followed the highs and lows of the broader cryptocurrency market, reflecting the increasing market correlation between the digital asset class and traditional equities. The large fluctuations in price make COIN a highly volatile stock, suitable for investors with a high-risk appetite and a long-term time horizon.

在過去的一年中，Coinbase的股票密切關注了更廣泛的加密貨幣市場的高低，這反映了數字資產類別和傳統股票之間的市場相關性的增加。價格的巨大波動使硬幣成為高度波動的股票，適合具有高風險食慾和長期時間範圍的投資者。

External Factors Affecting Coinbase’s Performance

影響Coinbase表現的外部因素

Several key factors contribute to the volatility of Coinbase’s stock and its direct link to the performance of the cryptocurrency market:

幾個關鍵因素有助於Coinbase股票的波動及其與加密貨幣市場的直接聯繫：

Looking Ahead: Can Coinbase Recover?

展望未來：Coinbase可以恢復嗎？

The sharp drop in Coinbase’s stock on April 28 raises questions about the exchange’s short-term prospects. While today’s drop was substantial, Coinbase remains a leader in the crypto space, boasting a large user base and diversified product offerings.

4月28日，Coinbase股票的急劇下降提出了有關交易所短期前景的疑問。雖然今天的下降是大量的，但Coinbase仍然是加密貨幣領域的領導者，擁有大量的用戶群和多樣化的產品。

The recent pullback may present an opportunity for investors who are still bullish on the long-term potential of digital assets and optimistic about a rebound in crypto prices. However, the stock’s performance in the coming months is likely to

最近的回調可能為投資者提供了一個機會，他們仍然對數字資產的長期潛力並對加密貨幣價格的反彈感到樂觀。但是，未來幾個月的股票表現可能