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Coinbase stock plunges to record low, further decoupling from crypto

COIN stock bottomed at $255.15, where it was in danger of breaching the $250 reference price on the eve of its public listing on Apr. 14. After an explosive debut, COIN has been on a downward trajectory. The company now has a total market capitalization of $48.7 billion, which is roughly half of the $100 billion top it achieved last month.

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US jobs market growth stalls despite reopenings and vaccinations

U.S. job growth far below expectations in April amid labor shortages