Coinbase Shares Tumble as Q3 Revenues Fall Well Short of Estimates

Coinbase Shares Tumble as Q3 Revenues Fall Well Short of Estimates

As for its outlook, Coinbase said that “while we entered Q3 with softer crypto market conditions, driven by low volatility and declining crypto asset prices, market conditions improved meaningfully later in the quarter which we have continued to see into early Q4.”

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