|Bid||64.78 x 1100|
|Ask||64.80 x 900|
|Day's range||61.08 - 67.57|
|52-week range||40.83 - 368.90|
|Beta (5Y monthly)||N/A|
|PE ratio (TTM)||6.60|
|Earnings date||09 Aug 2022|
|Forward dividend & yield||N/A (N/A)|
|1y target est||99.91|
(Bloomberg) -- Crypto exchange Coinbase Global Inc. said it fixed an issue that prevented the company from processing transactions with US bank accounts for more than five hours.Most Read from BloombergCredit Suisse CEO Seeks to Calm Markets as Default Swaps ClimbTesla Deliveries Miss Estimates, Slowed by Logistic SnarlsGet Ready for Another Bear-Market Rally, Strategist Emanuel SaysGazprom Halts Gas Supplies to Italy in Latest Energy BattleOPEC+ to Consider Output Cut of More Than 1 Million Bar
The exchange says the issue has been identified and it is working towards a solution.
The Federal Reserve's aggressive monetary stance in 2022 has caused investors to reassess their appetite for risk, leading to a plunge in the most speculative assets out there, a category that cryptocurrencies undoubtedly belong in. The popular crypto is down 64% this year (as of this writing), but a recent catalyst could drive investor interest to new heights. With The Merge now complete, is this a good time to buy Ethereum?