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Coinbase fell over 4.33% under the dual impact of the US Supreme Court ruling and Ark's reduction.
According to BlockBeats news on July 2, during intraday trading, Coinbase fell by more than 4.33%, currently down 3.79%. On Monday, Cathie Wood's Ark Invest sold 124,892 shares of Coinbase stock, worth about 43.8 million dollars. The U.S. Supreme Court also rejected a request on June 30 to protect Coinbase user data from scrutiny by the IRS.