Coinbase fell more than 4.33% after being hit by a U.S. Supreme Court ruling and Ark's reduction in holdings.

According to market information, Coinbase once fell more than 4.33% during the session and is currently down 3.79%. On Monday, Cathie Wood's Ark Invest sold 124,892 shares of Coinbase stock, worth approximately $43.80 million. The U.S. Supreme Court also rejected a request on June 30 to protect Coinbase user data from IRS scrutiny. [ChainCatcher]