Analysis: Coinbase revenue and trading outlook affected by tariff tensions
2025-04-16 16:25:41
Analysts at investment bank Oppenheimer noted in a note that the outlook for cryptocurrency exchange Coinbase has softened as uncertainty stemming from Trump's intermittent tariff threats has clouded cryptocurrency trading activity. Oppenheimer cut its full-year Coinbase volume forecast by 19% to $1.30 trillion and its Quarter 1 volume forecast to $380 billion, down 13% from the previous quarter, due to a decline in risk appetite, and lowered its target share price from $388 to $279.
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