Coinbase stock (COIN) price plummeted amid the crypto market crash, but instead of recovery, analysts see a further downtrend.

That's a recent tally of market value across the cryptocurrency world from CoinMarketCap—down from a peak of $3.72 trillion on Dec. 17. The pullback shows how some of the euphoria stoked by the prospe

As the price of Bitcoin continues to stay below the key psychological threshold of $100,000, firms across the crypto industry — from public Bitcoin miners to crypto exchanges like Coinbase — are experiencing increased volatility.

KEY TAKEAWAYS Cryptocurrency-linked stocks are paring some of their losses but still broadly declining in Friday intraday trade, with bitcoin trading around $81,000—more than a quarter off its January peak.

Analysts are predicting how deep the bitcoin price correction could go and if it will escalate into a full blown market