Coinbase Stock Slides 19% Ahead of Earnings as $165 Support Nears

Key Insights Coinbase stock has dropped by nearly 20% from its highest point in September. The company will publish its financial results next week. These results will provide more information about its performance. Coinbase stock price has remained under pressure this week as cryptocurrencies lost momentum. COIN dropped to $169, down by nearly 20% from its highest point this month. Focus now shifts to its upcoming earnings report, which will provide more color on its business and what to expect for the remainder of the year.