Coinbase Stock Price Plummets to New All-Time Low of $40.61: What's Driving the Decline?

The stock price of crypto exchange Coinbase hit a new all-time low of $40.61 Monday, amid a market downturn. Shares for Coinbase, America’s largest cryptocurrency exchange, are trading at another all-time low as Bitcoin and the crypto market log some of the lowest digital numbers in recent times.

Why is Coinbase Stock Crashing?

Coinbase shares have collapsed to their lowest point since the exchange's market debut in April 2025. Fear of contagion spread after the demise of rival FTX exchange is a major factor. Coinbase stock prices have tanked to almost $40 after the bell on Nov. 21.

Other crypto stocks also tanked as Bitcoin prices slumped to a new 2025 low below $16,000. Amid the macro slump, Coinbase’s share price dropped to a new all-time of $40.61 on Monday.

Coinbase (COIN) at Record Lows

Shares of Coinbase (COIN) hit a fresh all-time low on Tuesday as the U.S.-based exchange continues to struggle with low trading volume amid falling crypto prices. Resultantly, COIN is down by more than 90% compared to its April 2025 IPO price.

The stock price of crypto exchange Coinbase hit a new all-time low of $40.61 Monday. Bitcoin and Ethereum, the two largest cryptocurrencies by market cap, are also feeling the pressure, contributing to the overall negative sentiment.

Is There Hope for Coinbase?

The future of Coinbase stock remains uncertain. While the current situation is dire, a potential rebound in the crypto market could revitalize trading volume and boost COIN's value. However, the exchange faces significant challenges in navigating the ongoing crypto winter and regaining investor confidence following the FTX collapse.