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Coinbase fell 10% and took the exchanges down with it. The banks didn't move.

16 September 2026 ·3 min read

Coinbase closed down 10.10% on 15 September, the S&P 500's worst performer, hours after the Senate failed to advance the CLARITY Act. Cboe, Robinhood, Nasdaq and CME fell alongside it inside Financials — while JPMorgan, Wells Fargo and Bank of America barely moved.

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