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via Cointelegraph · By Cointelegraph Staff

BitGo Posts $3.8B Revenue, $60.7M Loss amid Bitcoin Decline and IPO Costs in Q1

BTC

BTC/USDT

$59,260.93

-3.32%

$59,260.93

-3.32%

(24s)

24h Volume

$35,245,342,745.45

24h H/L

$61,962.40 / $58,115.01

Change: $3,847.39 (6.62%)

Long/Short

70.9%

Long: 70.9%Short: 29.1%

Funding Rate

-0.0037%

Shorts pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$59,245.60

▼ -3.00%

Volume (24h): -

Resistance Levels

Resistance 3$64,190.33

Resistance 2$61,809.89

Resistance 1$60,140.67

Price$59,245.60

Support 1$59,102.70

Support 2$57,392.27

Support 3$52,643.43

Pivot (PP):$60,140.67

Trend:Downtrend

RSI (14):29.5

Cointelegraph Staff

(09:15 AM UTC)

1 min read

Verified byMichael Roberts

828 views

0 comments

Digital asset infrastructure company BitGo reported a wider first-quarter net loss as Bitcoin treasury mark-to-market losses and IPO-related expenses outweighed stronger client growth and a year-over-year jump in revenue.

Revenue for the quarter ended March 31 was $3.8 billion, up from $1.8 billion a year earlier, driven by higher digital asset trading activity and growing contributions from its…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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Source

Cointelegraph Staff · Cointelegraph

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