Shares of the largest publicly traded U.S. crypto exchange, Coinbase, fell this week as the broader crypto market takes a hit in prices, and as the market grapples with news insider selling and analyst predictions. 

Monness Crespi & Hardt downgraded $COIN from “buy” to “neutral,” citing downside risk tied to weakening crypto market conditions. The firm set a price target of $120, implying more than 20% downside from recent trading levels.

The downgrade comes as the stock has struggled in early 2026 amid a broader pullback in digital assets. COIN opened Thursday around $153, down nearly 10% from intra-week highs, and is now off roughly 34% since the start of the… Read more on BitcoinMagazine