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Bitcoin ETFs bring in over $6 billion in November after another $1 billion day Solana hits new $264 all-time high as DEX volume reaches $100 billion monthly milestone US Bitcoin ETFs surpass $100 billion, pose challenge to largest Bitcoin holders Bitcoin surges to $97k as market leverage hits historic $63 billion Memecoin revival drives Solana DEX Raydium past Tether in fees
Coinbase drops 15% in pre-market trading after SEC lawsuit Coinbase drops 15% in pre-market trading after SEC lawsuit James Van Straten · 1 year ago
Insights Macro

Coinbase drops 15% in pre-market trading after SEC lawsuit

Bitcoin dropped 1% on the news of the Coinbase, SEC lawsuit

James Van Straten / @jvs_btc / Jun. 6, 2023 at 2:13 pm UTC

Quick Take

  • Coinbase (COIN) is down 15% in premarket trading after the SEC sued the exchange, alleging multiple securities law violations
  • It is now trading below $50.00.
  • However, Coinbase was trading 8% lower on Monday.
Coinbase share price: (Source: Google)
Coinbase share price: (Source: Google)
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James Van Straten

Former Lead Analyst at CryptoSlate

James fervently appreciates data, technology, and trend-spotting. As a tech and liberty maximalist, he hails Bitcoin as the 21st century's paramount invention.

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