00:00It's Benzinga, bringing Wall Street to Main Street.
00:02Coinbase stock fell Monday as a broad crypto sell-off erased key price levels
00:06and intensified Wall Street's concerns ahead of new economic data and NVIDIA's earnings.
00:12Bitcoin dropped below $92,000 and hit a six-month low while Ethereum fell under $3,000,
00:18leading declines across major tokens, according to Benzinga.
00:22The drop reportedly liquidated more than 140,900 traders
00:26and raised fears of a deeper crypto winter that could cut into Coinbase's transaction fee revenue.
00:31The sell-off overshadowed Coinbase's recent third-quarter earnings beat,
00:34its partnership involving JPMorgan Coin, and the launch of a new pre-listing token access platform.
00:41For all things money, visit Benzinga.com.
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