Coinbase shares are drowned 30 % in the worst quarter since the FTX collapsed

Coinbase, the largest encryption exchange in the United States, recorded the worst quarter since the FTX dramatic collapse in late 2022.

Coinbase (currency) shares decreased by 30 % in the first quarter of 2025, reflecting the sharp losses seen across the broader encryption market.

Curricula stocks and assets bleed in red in the first quarter

according to BloombergThe sharp decrease has reached many other major encoding stocks as well. This includes Galaxy Digital, Riot Blockchain and Core Scientific, which all have seen significant decreases.

Moreover, the broader encryption market faces difficult times. Bitcoin, which has long been considered to be 10 % of digital assets, decreased by 10 % this quarter. More exciting, ETHEREUM (ETH) has seen an amazing decrease of 45 %. These losses reflect a wider contraction in the encryption market, and are nourished by many macroeconomic factors.

Analysts refer to the global uncertainty surrounding the American economy, including concerns about Trump’s tariff and recession. This led to a “general mood” of investors.

“In a mood, no assets are safe shares, encryption, all related to identification Stuck On x.

While this macroeconomic pressure is the main reason, others argue that the weak performance of the market is more due to the ongoing concerns of commercial wars and wider geopolitical instability.

“Trump’s commercial wars lead the markets to panic. As it does for encryption, the conditions of the macro market speaks a louder voice – up like news from the White House – its garbage war wanders around Note.

It was Coinbase He hits It is especially difficult to stagnate. The Coinbase’s revenue model is highly dependent on altcoins and transactions outside of Bitcoin. Consequently, the total market decrease could have made a sign of stock prices on the stock exchange. Moreover, the news comes as Coinbase users collectively lost more than $ 46 million due to fraud in March.

While Crypto was in free fall, other assets were much better. Gold, for example, has RiseThe best quarter has spread since 1986, when investors flow into safer assets amid market turmoil. The shift towards traditional assets is particularly noticeable as the encoded noise after the elections, which briefly strengthened the value of bitcoin to $ 109,000, begins to fade.

Despite the comprehensive challenges in the market, some companies related to encryption have shown flexibility. Microstrategy, led by CEO Michael Sailor, is still in Green a year to date, supported by large bitcoin possessions.

At the present time, the encryption market is left to overcome the storm, with analysts continuing to scrutinize the interaction between macroeconomic factors and its impact on digital assets.