COIN is trading at $193.16 (-4.51%) amid a sharp crypto market drop and mounting macro pressures.
- Bitcoin fell 4.15% and Ethereum dropped 4.84% over the last 24 hours, dragging the total crypto market cap down 3.6% to $2.52T.
- The downturn is fueled by weak sentiment, with the Fear & Greed Index at 23, alongside a 1.20% decline in the NASDAQ.
- The price action reflects lower trading volumes on the exchange as the broader digital asset market faces significant selling pressure.