Crypto Crash Rocks Coinbase as Mainstream Investors Flee Bitcoin

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By Luc Olinga The stock price of digital currency exchange, which represents the mainstream route for individual investors to buy bitcoin, sank to a new low. COINBASE Global (COIN) wants to be seen as something other than an exchange primarily offering the ability to buy and sell cryptocurrency. Unfortunately for the platform – the largest in the U.S. and most commonly used in the U.K. – its future seems for the moment linked to that of crypto. Its stock is one of the collateral victims of the cryptocurrency crash, which has already wiped out more than $1.3 trillion since record highs were set…

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