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Coinbase’s Slump to All-Time Low Sends Market Cap Below Dogecoin

“Crypto traders remain skeptical about holding their cryptos on exchanges,” said Edward Moya, senior market analyst at foreign exchange Oanda. “Coinbase has an uphill battle as many traders fixate over moving their cryptos to cold storage, as surging yields keep pressure on this space, and over an uncertain regulatory path,” he added.

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