Coinbase Faces Worst Quarter Since FTX Collapse as Crypto Markets Struggle

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/