Coinbase sees worst quarter since FTX collapse amid industry bloodbath

Publicly traded US-based crypto exchange Coinbase saw its worst quarter since the collapse of crypto exchange FTX in 2022. Coinbase shares started 2025 trading at just over $257 on Jan. 2 and ended the quarter at a little over $172 on March 31, a dip of 33%, according to market data. This makes the first quarter of 2025 the worst for Coinbase’s stock performance since the collapse of FTX in November 2022 source: https://cointelegraph.com/news/coinbase-sees-worst-quarter-since-ftx-collapse?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound