COIN Stock Outlook as BofA Warns Investors Are Fleeing US Equities After $17B Weekly Outflows

03 Jul, 2026

By Muthoni Mary

Market Analyst

Muthoni Mary is a seasoned crypto market analyst and writer with over three years of experience decoding blockchain trends, price movements, and market dynamics. She holds a Bachelor’s Degree in Commerce (Finance) from Kenyatta University, blending a solid academic foundation with a sharp eye for technical analysis and a deep understanding of on-chain data. Her work delivers clear, data-driven insights that empower investors to navigate the fast-evolving digital asset space with confidence. When she’s not analyzing the markets, Mary enjoys reading and travelling.

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CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

What's Next for COIN Stock Price After BofA Warning?

Bank of America Says Investors Are Fleeing From US Stocks

A report by Bloomberg noted that the Bank of America sent a note to clients informing them that investors are rotating out of US stocks after US equity funds saw $17.2 billion in outflows in the week ending July 1.

The $17.2 billion marked the first outflows seen by US equity funds since March.

The note added that the Japanese stock market has seen an opposite trend where inflows reached $1.9 billion in the week ending July 1.

These inflows to stocks and funds listed in Japan were the highest seen since May per BofA.

The disparity suggests that investors could be rotating from US stocks to Japanese stocks.

Despite this ongoing sell-off in US equities and funds, COIN stock price is up by 18% in five trading days after moving from $139 on June 26 to $165 on July 3.

The gains made by Coinbase shares reflect the uptrend being seen in the broader crypto market because other crypto stocks like MSTR and CRCL gained by 7% and 4%, respectively, on July 2.

COIN Stock Outlook as Key Resistance Breaks

COIN stock price closed trading on July 2 above the resistance of $152. Making one more daily close above this resistance could push the price to the June 22 high of $176.

Coinbase shares have also created a double bottom pattern by moving above $152. If the price can move above the resistance of $176 and make three straight daily closes above it, it will suggest that bulls are tightening their grip.

The AO bars that have turned green despite being negative also suggest that bears are losing their grip, supporting the bull case that COIN stock could reach $176.

COIN Stock Prediction After 18% Rally — COIN Stock Price

However, there is still need for caution because the price of these shares have yet to move above the 50-day EMA level of $172. Moving above the 50-day EMA of $172 will suggest that the short-term trend is favoring bulls.

Cathie Wood is among the bulls that are betting that the price of COIN stock will rise after ARK Invest bought 68,366 COIN shares.

Coinbase’s MiCA Compliance Could Boost Stock Price

CoinGape reported that crypto firms that failed to comply with MiCA guidelines have left Europe after the July 1 deadline reached, but Coinbase is among the firms that are remaining.

Coinbase is looking to fill the gap left behind by Binance after its exit from the EU, and taking over Binance’s market share could increase the exchange’s revenues in the quarter between July and September 2026.

Coinbase is trying to lure these investors by saying it will give out a 5% transfer bonus to those who move their funds to the exchange. Onboarding them to Coinbase will increase the amount of fees the exchange collects, and this could reflect in its Q3 earnings.

Investment disclaimer: The content reflects the author's personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.

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Frequently Asked Questions (FAQs)

1. Can COIN stock price sustain gains?

COIN stock could sustain gains if the broader crypto market continues to rise.

2. How high could COIN stock price go in July 2026?

COIN stock price could reach $189 in July 2026 if demand for risk assets remains high.

3. Why are investors fleeing US equities?

Investors are fleeing US equities amid concerns around the Fed hiking interest rates, which coul affect risk assets.

Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.