COIN Stock Outlook After Today’s FOMC Minutes

The COIN stock price hovered at $178.37 after falling 3.97% during October 7 trading. The 2:30 p.m. EDT reading showed Coinbase Global under pressure, with the session still open.

The decline accompanied a broader cryptocurrency retreat as investors confronted rising Treasury yields, expensive oil, and a stronger dollar.

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Fed Minutes Signal Another Rate Hike as Inflation Risks Rise

Minutes released October 7 showed most officials considered another interest rate increase appropriate before year-end. All 19 participants supported September’s 25 basis point increase, which lifted the federal funds target to 3.75%–4.00%.

BREAKING: September Fed Meeting Minutes show that most Fed officials expect another interest rate hike by year-end.

All 19 Fed officials backed the September interest rate hike.

Almost all Fed officials see inflation risks tilted upward, with some warning AI could push demand above supply and increase inflation.

— The Kobeissi Letter (@KobeissiLetter) October 7, 2026

Officials differed over whether September’s increase was precautionary or more restrictive. The disagreement highlighted uncertainty over how much additional tightening was needed. September forecasts showed 16 of 18 participants anticipated at least one further increase during 2026. 

Recent futures pricing placed October hike odds below 20%, while investors continued assessing the possibility of a December increase. The minutes offered no firm timetable, leaving the timing of further action unresolved. 

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Crypto Selloff Weighs on COIN Stock as Bitcoin Falls Below $83K

Total cryptocurrency capitalization declined 3.09% over 24 hours to $2.83 trillion, reflecting widespread losses across major digital assets. Bitcoin price traded below $83,000, Ethereum lost about 5%, and XRP price hovered below $1.42.

Coinbase weakened alongside other cryptocurrency equities as these declines reduced confidence across the sector. The synchronized retreat suggested macroeconomic pressures were affecting digital assets and related shares simultaneously. 

The 30-year Treasury yield reached its highest level since 2002 during Wednesday’s bond selloff. The bond selloff was already underway before the minutes appeared, adding pressure across markets throughout the trading day. 

Higher yields raised the appeal of interest-bearing assets, while rising oil increased concerns about persistent inflation. A stronger dollar added pressure as investors reduced exposure to speculative investments during the session. 

Will COIN Stock Reclaim $180 or Slide Toward $175?

The intraday trading pattern is that the first resistance will be around the level of $180, where the previous trading developed a consolidation zone. Any sustained recovery above this point might move the focus to the midday peak of around $180 for the Coinbase stock.

The clearing of such peak would reinforce the rebound argument and bring the previous trading area of $182.50 back in perspective. 

Several lows define the short-term support between $177.50 and $178, and this area is at the center of the short-term perspective. 

The intraday structure would be undermined by a sustained decline below the support, which would enhance the chances of additional losses for COIN stock. The second estimated downside area is at $175, a round-figure target that lies out of the visible trading range.