Coinbase Shares Fall After Third Straight Quarterly Loss As Crypto Slump Persists, But Analysts See Stronger Long-Term Fundamentals - Tekedia

Coinbase shares fell in premarket trading after another quarterly loss, driven by weak crypto markets, lower trading volumes, and softer institutional demand.

The results underscored how closely Coinbase still tracks Bitcoin and broader market conditions.

Even so, the company gained trading share and kept expanding into derivatives, custody, stablecoins, and other less cyclical businesses.

Analysts said the broader revenue mix could help support more durable growth when crypto markets recover.