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Coinbase Shares Plunge 7% as Q2 Earnings Fall Short—Crypto Winter Bites Back
Coinbase Shares Plunge 7% as Q2 Earnings Fall Short—Crypto Winter Bites Back
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Crypto giant Coinbase takes a 7% nosedive after posting lackluster Q2 results—proof even the 'regulated' players aren't immune to crypto's mood swings.
Wall Street expected a comeback. Instead, they got a reminder that trading volumes live and die by Bitcoin's volatility.
Another quarter, another reminder that 'crypto brokerage' is just a fancy term for 'hoping retail traders panic-buy at the wrong time.'
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