Coinbase, the largest US crypto exchange, has recorded its worst quarter since the dramatic collapse of FTX in late 2022. Coinbase’s stock (COIN) plummeted by 30% in Q1 2025, mirroring the steep losses seen across the broader crypto market. Crypto Stocks and Assets Bleed Red in Q1 According to Bloomberg, the sharp decline has hit several other major crypto-related stocks as well. This includes Galaxy Digital, Riot Blockchain, and Core Scientific, all of which have experienced significant downturns
source: https://beincrypto.com/coinbase-faces-worst-quarter-since-ftx/