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Bank of America Downgrades Coinbase Stock to Neutral, COIN Down 7%

Coinbase assured clients that it has no exposure to FTX. But the collapse of Sam Bankman-Fried’s exchange is still taking a toll on the entire market.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Bank of America Downgrades Coinbase Stock to Neutral, COIN Down 7%
Coinbase assured clients that it has no exposure to FTX. But the collapse of Sam Bankman-Fried’s exchange is still taking a toll on the entire market.

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This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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