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分析:Coinbase收入和交易前景受关税紧张局势影响

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2025-04-16 16:25:41

特朗普关税威胁加剧市场不确定性 Coinbase交易量预测遭Oppenheimer大幅下调



知名投资银行Oppenheimer最新研究报告显示,受美国前总统特朗普反复无常的关税政策威胁影响,加密货币市场正面临显著不确定性。分析师特别指出,这种政策不确定性已对Coinbase等头部加密货币交易所的交易活动产生实质性冲击。



报告强调,由于市场风险偏好持续走低,Oppenheimer不得不对Coinbase全年业绩预期进行重大调整:

- 全年交易量预测下调19%至1.3万亿美元

- 第一季度交易量预期降至3800亿美元,环比下降13%

- 目标股价从388美元大幅调降至279美元



对投资者的潜在影响分析:

1. 短期波动风险:政策不确定性可能导致加密货币市场波动加剧

2. 交易所估值压力:头部平台交易量下滑将直接影响营收预期

3. 投资策略调整:机构投资者可能需要重新评估加密货币资产配置比例

4. 监管关注升温:政治因素对加密市场的影响权重可能提升

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