Coinbase shares fell Monday as broad cryptocurrency weakness pressured crypto-linked stocks, according to Benzinga. Bitcoin dropped 1.7% to below $112,000, dragging down Ethereum, Solana, Dogecoin, Shiba Inu, and XRP. Global crypto market capitalization fell 3.1% to $3.84 trillion, with Ethereum sliding over 3% to $4,600 and Solana dipping under $200. Liquidations added volatility, as more than 166,000 traders lost nearly $840 million in the past 24 hours. ETF flows reflected investor caution, with Bitcoin spot ETFs recording $23.2 million in outflows, while Ethereum ETFs gained $341.2 million. Analysts flagged Bitcoin’s resistance levels between $116,000 and $121,000. Coinbase shares closed down 4.33% and slipped another 0.21% after hours.
