Coinbase Global Inc. (COIN) closed at $261.79 on November 18, 2025, down 0.82% for the day and extending a sharp decline from $317.93 on November 10, 2025. The recent 7.06% drop on November 17 followed ongoing crypto sector volatility, shifting trading volumes, and heightened investor scrutiny of Coinbase’s growth prospects. Recent company news includes a $375 million Echo deal, expansion into Singapore, CEO Brian Armstrong’s $8 million share sale, and the company’s move to Texas. Analysts highlight strong Q3 earnings and strategic expansion, but also note that near-term upside may be limited due to sector risks and valuation concerns. Broader market sentiment remains cautious, but COIN’s moves and crypto market dynamics are the primary drivers.