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via CoinDesk · By CoinDesk Staff

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

BTC

BTC/USDT

$59,223.99

-0.93%

$59,223.99

-0.93%

(24s)

24h Volume

$31,544,999,614.99

24h H/L

$61,962.40 / $58,115.01

Change: $3,847.39 (6.62%)

Long/Short

71.6%

Long: 71.6%Short: 28.4%

Funding Rate

-0.0002%

Shorts pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$59,500.95

▼ -2.58%

Volume (24h): -

Resistance Levels

Resistance 3$62,909.86

Resistance 2$61,603.90

Resistance 1$59,859.45

Price$59,500.95

Support 1$59,456.73

Support 2$58,115.01

Support 3$51,387.09

Pivot (PP):$59,859.45

Trend:Downtrend

RSI (14):30.0

CoinDesk Staff

(08:51 PM UTC)

1 min read

Updated byMichael Roberts

1324 views

0 comments

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…

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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CoinDesk Staff · CoinDesk

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