Coinbase Hits Historic Low as Bitcoin Price Drops Below $50,000

[Coin63@]

Coinbase stock has suffered through an entire week of losses and now, the crypto exchange has slid to a new record low. The record price comes less than two weeks after its first day of trading.

Since making its long-awaited debut in the market, Coinbase has been kind of a lame duck swimming in the red. The stock began its trading life on the Nasdaq seven days ago and already has seen a drop off from $410 a share to below $290 on April 22.source