Reported 1 day ago
Coinbase's shares fell 31%, marking the worst quarterly performance since the FTX collapse, due to rising concerns about the US economy impacting digital assets. The broader crypto market struggled as Bitcoin and Ether lost significant value, with market volatility increasing in light of economic uncertainties and trade war fears. While some view Bitcoin as a safe haven, traditional assets like gold have performed better amid market turmoil.
Source: YAHOO