Coinbase stock logs worst quarter in two years amid economic uncertainty
Despite a major shift toward Bitcoin losing 10% of its value since the start of the year.
The downturn comes as President Donald Trump escalates a trade war with some of America’s closest allies, implementing expansive tariffs that some investors fear will increase inflation and lead to a recession. The recent downturn in crypto prices is a “direct result” of these broader macroeconomic concerns in the U.S. and abroad, Michael Colonnese, a crypto analyst at investment bank H.C. Wainwright & Co....