Tiger Brokers upgrades Coinbase rating to buy, target price $200

Jinse Finance reports that on July 8, Tiger Brokers upgraded Coinbase's rating from "hold" to "buy" and gave a target price of $200. The firm stated that with the significant pullback, the risk-reward ratio has improved, and the toughest bear market phase for Bitcoin may have ended. A new crypto market cycle is expected to begin, driven by improving liquidity, growing institutional demand, and a shift in risk appetite.
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