随着加密货币价格下跌，Block Inc. 的市值超过 Coinbase

这一转变发生之际，Coinbase 的股价因加密货币价格下跌而下跌，这是今年迄今为止最糟糕的一周。

Block, Inc., the company behind Square and other fintech ventures, has outpaced Coinbase in market capitalization for the first time since March. This shift comes as Coinbase's stock declined amid falling crypto prices, marking its worst week of the year so far.

Square 和其他金融科技企业背后的公司 Block, Inc. 的市值自 3 月份以来首次超过 Coinbase。这一转变发生之际，Coinbase 的股价因加密货币价格下跌而下跌，这是今年迄今为止最糟糕的一周。

The change in market cap positioning reflects the broader volatility in the crypto sector. Coinbase had previously overtaken Block Inc. in market capitalization earlier this year, but recent market movements have reversed this trend.

市值定位的变化反映了加密货币行业更广泛的波动性。今年早些时候，Coinbase 的市值曾超过 Block Inc.，但最近的市场走势扭转了这一趋势。

Barclays adjusts stance on Coinbase from Under Weight to Equal Weight as crypto exchange stock slumpsBlock, Inc. is now valued at around $98 billion, compared to Coinbase's $92 billion. This marks a significant shift from earlier this year, when Coinbase briefly surpassed Block, Inc. in market capitalization, reaching a valuation of over $110 billion in April.

随着加密货币交易所股票暴跌，巴克莱银行将 Coinbase 的立场从“减持”调整为“持平”。Block, Inc. 目前估值约为 980 亿美元，而 Coinbase 的估值为 920 亿美元。这标志着与今年早些时候相比的重大转变，当时 Coinbase 的市值短暂超过了 Block, Inc.，4 月份估值超过 1100 亿美元。

Coinbase's stock price fell by 18% this week, marking its worst week of the year so far. The stock closed at $147.35 on Friday, down from a year-to-date high of $279.71 on March 25.

Coinbase 股价本周下跌 18%，创下今年迄今为止最糟糕的一周。该股周五收于 147.35 美元，低于 3 月 25 日的年初至今高点 279.71 美元。

The decline in Coinbase's stock price comes amid a broader sell-off in crypto markets, with Bitcoin and other major cryptocurrencies falling sharply in recent weeks. This sell-off has been driven by several factors, including rising inflation, interest rate hikes by central banks, and the collapse of several crypto hedge funds.

Coinbase 股价下跌之际，加密货币市场出现更广泛的抛售，比特币和其他主要加密货币最近几周大幅下跌。这次抛售是由多种因素推动的，包括通胀上升、央行加息以及多家加密货币对冲基金的倒闭。

Coinbase's market capitalization is closely tied to the performance of crypto markets, as the majority of the exchange's revenue is derived from trading fees. As a result, Coinbase's stock price tends to fluctuate significantly with changes in crypto prices.

Coinbase 的市值与加密货币市场的表现密切相关，因为该交易所的大部分收入来自交易费用。因此，Coinbase 的股价往往会随着加密货币价格的变化而大幅波动。

Despite the stock decline, investment bank Barclays adjusted its stance on Coinbase from Under Weight to Equal Weight. Analysts highlighted a maturing regulatory environment, steady diversification, and strong industry leadership, indicating the business's maturation with reliable revenues. However, Barclays also revised its price forecast for Coinbase's shares down to $169 from $206.

尽管股价下跌，投资银行巴克莱仍将对 Coinbase 的立场从“减持”调整为“持平”。分析师强调了成熟的监管环境、稳定的多元化和强大的行业领导力，表明该业务已成熟且收入可靠。不过，巴克莱银行也将 Coinbase 股票的价格预测从 206 美元下调至 169 美元。

Coinbase's stock performance has been turbulent, reaching a year-to-date high of $279.71 on March 25 before closing at $147.35 on Friday. Earlier in August, Coinbase followed MicroStrategy going down between 15 to 18% in pre-market as global markets reacted to disappointing US economic data and escalating tensions in the Middle East.

Coinbase 的股价表现一直动荡，于 3 月 25 日达到今年迄今的高点 279.71 美元，周五收于 147.35 美元。 8 月初，随着全球市场对令人失望的美国经济数据和中东紧张局势升级做出反应，Coinbase 跟随 MicroStrategy 在盘前下跌 15% 至 18%。

The company recently secured a minor legal victory when a New York judge ordered the SEC to grant Coinbase access to certain documents related to ongoing litigation. However, the exchange's attempt to subpoena SEC Chair Gary Gensler was unsuccessful.

该公司最近取得了一场小小的法律胜利，一名纽约法官命令 SEC 授予 Coinbase 访问与正在进行的诉讼相关的某些文件的权限。然而，该交易所试图传唤 SEC 主席加里·詹斯勒 (Gary Gensler)，但没有成功。

The firm has also recently urged the SEC to retract language from its rules on decentralized exchanges, calling these actions irrational. In August, Coinbase has hinted at launching a possible wrapped Bitcoin product that could potentially reshape the decentralized finance market, introducing a major player such as the firm.

该公司最近还敦促美国证券交易委员会撤回其有关去中心化交易所的规则中的措辞，称这些行为是不合理的。 8 月，Coinbase 暗示将推出一款可能的打包比特币产品，该产品可能会重塑去中心化金融市场，引入该公司等主要参与者。