Cryptocurrencies and crypto-linked equities rebounded by mid-day on Feb. 6, but Wall Street strategists are cautious. Citibank lowered expectations for Coinbase (COIN) due to volatility and regulatory uncertainty. COIN is trading 11.38% higher at $162.76, still 93% below its all-time high. Ark Invest sold $19 million of COIN shares. Citigroup analysts trimmed the price target to $400, citing weaker volumes and stalled legislation. Senate negotiations may delay recovery. Coinbase’s Q4 results will be released on Feb. 12, with revenue forecast lowered by 10%.

Read more at Yahoo Finance: Analyst trims Coinbase price target after market wipeout