Will COIN Stock Crash or Rally Amid Trump Tariff Market Update?

COIN stock saw a significant rebound this year following a 42% decline after the October 10 crypto market crash. However, recent tariff threats by US President Donald Trump against the European Union regarding the Greenland dispute have introduced renewed uncertainty for Coinbase stock.

Impact of Trump Tariff on Crypto and COIN Stock

Similar to last year’s Trump tariffs-triggered Bitcoin and crypto selloffs, the new 10% tariffs on European countries over the Greenland crisis could exert selling pressure on Bitcoin and the broader crypto market.

As CoinGape reported, Bitcoin price tumbled 3% to $92,000 amid reports suggesting EU countries plan to retaliate with $100 billion in tariffs and market restrictions on US companies.

European stock markets slumped on January 19. US stock futures indexes also hint at risks of stocks opening lower and falling today. The Nasdaq 100 has tumbled more than 1% amid renewed jitters over the US-Europe trade war.

Nasdaq-listed COIN stock could see short-term volatility as Coinbase withdrew support for the U.S. Senate’s CLARITY Act, a major crypto market structure bill. While the new Trump tariff and the market structure bill talks could intensify market pressures by increasing uncertainty, traders remained cautious ahead of major macroeconomic events this week.

Notably, Coinbase CEO Brian Armstrong denied reports claiming the White House threatened to drop support after the bill markup was delayed. Armstrong added that the Trump administration has remained constructive and engaged to resolve concerns.

COIN Stock Price Outlook

COIN stock recorded mixed performance in early 2026, rising by more than 10%. The Coinbase stock price is currently trading within the $240 to $250 range, supported by renewed Bitcoin momentum and increased institutional adoption.

The stock closed 0.78% higher at $241.15 on Friday, per Yahoo Finance data. However, trading volume was below the average of 9 million. Wall Street analysts remain optimistic despite potential bear market and regulatory hurdles, with average price targets of $352.

Recently, Bank of America and Goldman Sachs upgraded the stock’s rating from ‘neutral’ to ‘buy.’ Bank of America analyst maintained the COIN stock price target of $340. The upgrade centered on Coinbase’s expansion beyond crypto trading to stock trading, prediction markets, derivatives, and banking services.

However, the COIN stock still trades under pressure below the 50-day and the 200-day moving averages, forming a death cross on the daily chart. This indicates that the short-term risk of a pullback remains higher if new tariff escalations or negative court rulings trigger another risk-off wave.