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As Coinbase struggles, you were better off just buying bitcoin, according to one analyst

Monitors display Coinbase and Bitcoin signage during the company's initial public offering (IPO) at the Nasdaq MarketSite in New York, U.S., on Wednesday, April 14, 2021.
Michael Nagle | Bloomberg | Getty Images

While most Wall Street analysts are fairly bullish on Coinbase, one of the few with a neutral rating on the stock says crypto-curious investors and bitcoin bulls might be better off just buying the cryptocurrency.

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