Coinbase Global Inc (COIN) is trading at $343.50 in pre-market on October 14, 2025, down 3.78% from its last close of $356.99 on October 13, 2025, following a sharp 7.75% drop on October 10, 2025. The recent volatility comes after major news on October 10, 2025, that Coinbase is in advanced talks to acquire stablecoin infrastructure firm BVNK, a deal valued between $1.5 billion and $2.5 billion, which would significantly strengthen Coinbase’s position in the global stablecoin market. While the acquisition news initially lifted the stock, broader market weakness and profit-taking appear to be weighing on COIN in the latest sessions, with no new company-specific developments reported since the BVNK news. The current move aligns with a cautious market tone as major indices and futures trade lower amid ongoing geopolitical and macroeconomic uncertainty.