Coinbase (COIN) Analysts: “Q2 Wasn’t So Bad!” Bitcoin ( BTC-USD ) went back to $24,000 and Ether ( ETH-USD ) headed toward $1,900 on today’s inflation deceleration. The consumer price index ( CPI ) was up 8.5% versus 9.1% last month: We’ll take it! But that’s far from the only news from the New Digital World. Let’s get into it. Source: Vracovska|Shutterstock Coinbase Analysts: “Q2 Wasn’t So Bad!” Stocks welcomed the inflation deceleration as much as crypto prices did, with the Nasdaq 100 up 2.5% on the news. (The less tech-heavy Dow and SP 500 were up about 1.5%.) Coinbase (NASDAQ: COIN ), in comparison, rose 4%… And that’s even after last night’s earnings (and revenues) came in below expectations! This was not well received in COIN trading after the bell – but things turned around quick this morning. Maybe people were encouraged by analyst comments like these. While not all COIN analysts were enthused – Mizuho’s Dan Dolev suggested FTX (FTT-USD) is taking market share from Coinbase – the general vibe was: “Hey, not too bad!