{"id":137014,"date":"2024-09-10T08:30:40","date_gmt":"2024-09-10T05:30:40","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=137014"},"modified":"2024-09-09T19:35:03","modified_gmt":"2024-09-09T16:35:03","slug":"jack-dorseys-block-overtakes-coinbase-in-market-value","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/jack-dorseys-block-overtakes-coinbase-in-market-value\/","title":{"rendered":"Jack Dorsey’s Block Overtakes Coinbase in Market Value”"},"content":{"rendered":"
Coinbase\u2019s stock has faced a significant drop this week, marking its worst performance of the year, amid a broader decline in the crypto market.<\/p>\n
Earlier this year, Coinbase overtook Block Inc. in market value, but recent data from The Block shows a reversal. Barclays has adjusted its outlook on Coinbase from Underweight to Equal Weight, citing a more stable regulatory environment and strong industry leadership.<\/p>\n
However, Barclays also lowered its price target for Coinbase shares from $206 to $169.<\/p>\n