Markets
Kobeissi Letter Puts Coinbase (COIN) 56% Below Highs in Stealth Bear Market
COINOTAG·October 29, 2026·1 min read
The Kobeissi Letter counts 20 tech stocks in bear market territory, with Coinbase (COIN) trading 56% below its highs. This places the crypto exchange among the hardest-hit names, even as the S&P 500 sits near record levels in October, highlighting a stealth bear market in tech.
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