Will Tariffs Impact Coinbase’s Market Trajectory?

Recent market analysis suggests that Coinbase faces challenges as experts adjust their year-end performance predictions. Rising tariffs implemented by former President Trump are contributing to a decline in investor confidence, which is likely to impact trading volumes. 2023 sees a downward revision of Coinbase’s projected trading volume from Oppenheimer, estimating it at $1.3 trillion for the year, down 19%. Additionally, the first-quarter forecast has been revised, now standing at $380 billion, indicating a decrease in market engagement from individual investors.