Coinbase Stock Plummets 7% Amid Lackluster Q2 Earnings—Crypto Winter Chills Wall Street Again

Another quarter, another crypto casualty. Coinbase shares tanked 7% post-earnings as the exchange fails to charm investors with its Q2 performance.

Wall Street's crypto darling stumbles

The numbers don't lie—while retail traders keep gambling on memecoins, institutional money isn't buying Coinbase's growth story. The 7% drop smells like hedge funds cutting exposure before the real storm hits.

When 'building for the future' means burning cash today

Another earnings call full of Web3 buzzwords can't mask the cold hard truth: even crypto's blue-chip stocks aren't immune to bear market math. But hey—at least those corporate Bitcoin holdings look better than their stock price.

Memo to traders: In crypto, the only sure bet is volatility. And apparently, that applies to crypto stocks too.