Coinbase stock price suffered a major setback on Monday as almost all the major cryptocurrencies were facing intense selling pressure.

Coinbase Global (COIN) stock price was down by 17.6 percent as cryptocurrencies were facing major selling pressure in today's session.

Coinbase stock price declined nearly 10 percent during last week. The stock recovered 3.5 percent on Friday as cryptocurrency markets were showing some signs of stability.

Coinbase Global Inc. (NASDAQ: COIN), a leading cryptocurrency exchange, has experienced notable fluctuations in its stock performance, reflecting the dynamic nature of the digital asset market.

Argus Research has reiterated a BUY rating for Nvidia Corporation (NASDAQ: NVDA), setting a 12-month target price of $175.

Coinbase (NASDAQ: COIN), a leading cryptocurrency exchange, has secured regulatory approval to launch its operations in Argentina, a nation grappling with economic instability and inflation.