$Coinbase Global, Inc.(COIN)$ Cryptocurrencies struggled to rebound this week amidst lack of stimulus, after suffering deep losses last week over worries that the US economy may be heading into a recession and dragging down the global economy. Coinbase, the largest listed cryptocurrency exchange has not been spared either. Nevertheless, expectations of rate cuts starting next month may bring back speculations in risky assets and benefit Coinbase with recovery of trading of cryptocurrencies.
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