Coinbase Trading Volume Drops 28.46% Ranking 67th in Market Activity

On April 1, 2025, Coinbase Global (COIN) saw a trading volume of $944 million, a 28.46% decrease from the previous day, ranking 67th in the day's stock market activity. The stock price of Coinbase Global (COIN) rose by 1.33%.

Coinbase experienced its worst quarterly stock performance since the FTX collapse, with a 33% drop in Q1 2025 despite strong revenue expectations. The company's stock price fell from $257 on January 2nd to $172 on March 31st, slightly lower than the 46.36% decline during the FTX collapse in 2022. This downturn was influenced by the overall decline in the crypto market and market uncertainty triggered by former US President Trump's trade policies.

Coinbase is expected to release its Q1 2025 financial report in early May, with market estimates projecting quarterly profits of approximately $1.87 billion. The company's performance in the first quarter of 2025 was marked by significant volatility, reflecting broader trends in the crypto industry.