Nonetheless, the funding banking agency Oppenheimer (PT: $282, outperform ) added a little bit of optimism, saying that the upcoming election may act as a constructive catalyst for the inventory. “Since our conferences with legislators in Might, our thesis has been that Coinbase would profit essentially the most in our protection if former President Donald Trump is re-elected. Latest occasions together with Trump’s persevering with to talk in Bitcoin conferences in-person solely enhance our confidence,” the agency’s analyst wrote.
