{"id":59590,"date":"2025-11-20T21:01:31","date_gmt":"2025-11-20T21:01:31","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=59590"},"modified":"2025-11-20T21:01:31","modified_gmt":"2025-11-20T21:01:31","slug":"options-corner-monetary-policy-turmoil-hands-over-a-contrarian-case-for-coinbase","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=59590","title":{"rendered":"Options Corner: Monetary Policy Turmoil Hands Over A Contrarian Case For Coinbase"},"content":{"rendered":"<div>\n<p>A plummeting cryptocurrency market has hit blockchain-adjacent enterprises hard, with <strong>Coinbase Global Inc<\/strong> <a class=\"ticker-link\" data-ticker=\"COIN\" data-exchange=\"NASDAQ\" href=\"https:\/\/www.benzinga.com\/quote\/COIN\" target=\"_blank\" rel=\"noopener\">(NASDAQ:<\/a><a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/COIN\">COIN<\/a>) being one of the more prominent victims. Because the company&#8217;s success is directly tied to the health of cryptos, it wasn&#8217;t surprising that COIN stock plunged. However, the bigger issue is the Federal Reserve, which is <a href=\"https:\/\/www.benzinga.com\/markets\/equities\/25\/11\/48983895\/markets-today-wall-street-thursday-nvidia-nvda-tech-stocks-walmart-bitcoin\">pensive about its monetary policy<\/a>. Despite the turmoil that this matter has caused, there may be reason for optimism.<\/p>\n<p>Granted, it&#8217;s been a rotten week for the equities sector. In the trailing five sessions, the S&amp;P 500 is down 2%, while the tech-centric Nasdaq Composite slipped about 2.5% during the same period. Even mighty <strong>Nvidia Corp<\/strong> <a href=\"https:\/\/www.benzinga.com\/quote\/NVDA\" target=\"_blank\" class=\"ticker-link\" data-ticker=\"NVDA\" data-exchange=\"NASDAQ\" rel=\"noopener\">(NASDAQ:<\/a><a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/NVDA\">NVDA<\/a>), which delivered another blockbuster quarterly performance and raised outlook, could not lift Wall Street.<\/p>\n<p>Primarily, the culprit appeared to be a hotter-than-expected U.S. jobs report. While such a print would have been considered great news in most other contexts, it also dampened enthusiasm for a December rate cut. As such, risk-on sentiment faltered as investors readjusted their expectations in light of the new information.<\/p>\n<p>Nevertheless, the nuance here is that the labor market is still relatively weak. Even amid the positive surprise in the latest jobs reading, the <a href=\"https:\/\/www.benzinga.com\/markets\/economic-data\/25\/11\/48974405\/september-jobs-report-interest-rate-december-federal-reserve\">unemployment rate edged up<\/a> from 4.3% to 4.4% \u2014 marking the highest level since October 2021.<\/p>\n<p>To be fair, oddsmakers have pegged about a 35% chance of a quarter-point cut from the Fed next month. That&#8217;s not great but it&#8217;s far from a consensus <a href=\"https:\/\/www.cnbc.com\/2025\/11\/20\/fed-likely-to-not-cut-rates-in-december-following-delayed-september-data-according-to-market-odds.html\">expectation<\/a>. In a note to CNBC, Kay Haigh, global co-head of fixed income and liquidity solutions at Goldman Sachs Asset Management, stated that a &#8220;December cut remains possible given continued labor market softness as expressed by the unemployment rate.&#8221;<\/p>\n<p>Yes, COIN stock losing 30% in the trailing month is downright hideous. Still, there&#8217;s also reason to believe in the contrarian case.<\/p>\n<h2 class=\"wp-block-heading\">Leveraging The &#8230;<\/h2>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/options\/25\/11\/48990233\/coinbase-coin-stock-crypto-fallout-contrarian-trade?utm_source=benzinga_taxonomy&amp;utm_medium=rss_feed_free&amp;utm_content=taxonomy_rss&amp;utm_campaign=channel\" alt=\"Options\" corner: monetary policy turmoil hands over a contrarian case for coinbase>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>A plummeting cryptocurrency market has hit blockchain-adjacent enterprises hard, with Coinbase Global Inc (NASDAQ:COIN) being one of the more prominent victims. Because the company&#8217;s success is directly tied to the health of cryptos, it wasn&#8217;t surprising that COIN stock plunged. However, the bigger issue is the Federal Reserve, which is pensive about its monetary policy. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-59590","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/59590","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=59590"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/59590\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=59590"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=59590"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=59590"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}