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via CoinDesk · By CoinDesk Staff

Coinbase stock drops 4% after Q1 revenue miss as crypto trading slows

BTC

BTC/USDT

$62,809.54

-0.55%

$62,809.54

-0.55%

(24s)

24h Volume

$3,510,335,468.96

24h H/L

$63,390.00 / $62,754.00

Change: $636.00 (1.01%)

Long/Short

69.3%

Long: 69.3%Short: 30.7%

Funding Rate

+0.0028%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$62,868.20

▼ -0.35%

Volume (24h): -

Resistance Levels

Resistance 3$64,507.45

Resistance 2$63,879.31

Resistance 1$63,135.87

Price$62,868.20

Support 1$61,814.38

Support 2$61,056.47

Support 3$57,800.19

Pivot (PP):$63,064.66

Trend:Downtrend

RSI (14):41.8

CoinDesk Staff

(08:51 PM UTC)

1 min read

Updated byMichael Roberts

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The crypto platform missed earnings and revenue estimates as falling digital asset prices weighed on trading activity and investor sentiment.

Coinbase (COIN) shares fell about 4% in after-hours trading Thursday after the crypto platform reported weaker-than-expected first-quarter results as falling crypto prices weighed on trading activity, one of the company’s main sources of revenue.

The company…

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CoinDesk Staff · CoinDesk

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