Macro EconomyMedium•10 November 2026•
1 min read
Coinbase and Robinhood Shares Slide as US Inflation Pressures Crypto
Key Facts
1Coinbase stock fell 4% to $130.49 following an inflation report that exceeded forecasts.
2Robinhood shares declined 3% and Webull dropped 2% amid expectations for tighter Federal Reserve policy.
Coinbase stock fell 4% to $130.49 following an inflation report that exceeded forecasts. 247wallst.com reported that Robinhood shares declined 3% and Webull dropped 2% amid expectations for tighter Federal Reserve monetary policy.
Data showed the Consumer Price Index rose 0.4% in October from September, above the 0.3% estimate. Regarding previous levels, COIN closed at $136.1, HOOD at $83.32, and BULL at $4.92 on November 9, 2026.
Traders are looking ahead to the Producer Price Index release on November 13, 2026, which is forecasted to show a 0.4% monthly increase, potentially providing further clarity on the inflation path before the next Fed meeting.