Coinbase stock in the crypto crash: lowest close since February 2024

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Rommie Analytics

Coinbase stock has taken the full force of the crypto crash of the past few days. On Friday, November 13, 2026, the shares closed at $127.65 on Nasdaq. The last time the closing price was this low was February 2024. During the session the stock even slipped to $125.38, its lowest level of the past twelve months. Coinbase has thus lost 46 percent of its value since the start of the year and almost 33 percent since October 1.

The heart of the story, however, is not the price alone. Coinbase makes its money mainly from trading fees, and that revenue had already collapsed in the third quarter, before the November slump even began. On top of that comes a second effect many investors overlook: Coinbase itself holds almost 18,000 Bitcoin, and at the current price their value is below what the company paid. Here you will find what that means for the next quarterly results, where the stock stands on the chart and how to assess the move with or without leverage.

Coinbase stock at $127.65: where the price stands after the weekly close

A look at the closing prices shows how steep the way down has been. On November 14, 2025, Coinbase still t...

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