Cryptocurrency Q&A
Why did Coinbase fall?
Why did Coinbase fall?
Rosalia
Fri Nov 29 2024
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5 answers
968
Coinbase, a popular cryptocurrency exchange platform, experienced a significant decline in value. I'm wondering about the reasons behind this drop. Could it be related to market conditions, internal factors, or maybe something else entirely?
5 answers
CryptoTitanGuard
Sun Dec 01 2024
The report indicated that the performance of the largest U.S. crypto exchange was weaker than anticipated.
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GwanghwamunGuardianAngelWings
Sun Dec 01 2024
Specifically, Coinbase failed to meet key profit and revenue expectations, which disappointed investors.
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SejongWisdomKeeper
Sun Dec 01 2024
This disappointment led to a significant decline in Coinbase's share price on Thursday.
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alexander_clark_designer
Sun Dec 01 2024
The share price dove almost 10%, reaching a low of $191.
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BonsaiVitality
Sun Dec 01 2024
On Wednesday, Coinbase released its earnings report for the third quarter.
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