Analyst: Coinbase revenue and trading outlook affected by tariff tensions

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According to ChainCatcher, citing CoinDesk, Oppenheimer investment bank analysts noted in a report that the uncertainty brought by Trump's intermittent tariff threats has cast a shadow on cryptocurrency trading activities, making Coinbase's prospects appear weak.

Due to decreased risk appetite, Oppenheimer has lowered its annual trading volume forecast for Coinbase by 19% to $1.3 trillion, reduced the first quarter trading volume forecast to $380 billion, a 13% decline from the previous quarter, and lowered its target stock price from $388 to $279.

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