On Friday, the cryptocurrency sector witnessed about a 3% lift in market capitalization, which wasn’t the most surprising development. Earlier, the equities arena enjoyed a positive session despite the looming threats of tariffs under the incoming Trump administration. Thankfully for investors, relatively strong retail sentiment has managed to keep the bears in check.
So, with optimism in full swing amid the traditional start to the holiday shopping season — combined importantly with a recovery rally in decentralized digital assets — the backdrop should be positive for crypto wallet and exchange Coinbase (COIN), right? Well, not quite.
