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How do you think Coinbase earnings will impact BTC?

Bitcoin Reddit

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Strong earnings numbers in volume and custody from Coinbase could drive BTC higher by confirming institutional inflows, while weak data might create short-term downside pressure due to lower liquidity. However, this direct impact on Bitcoin typically lasts just hours or days before macro factors and ETF flows take over again unlike $COIN stock, which will see much higher volatility. Do you guys agree?

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