
Coinbase shares sink in steepest drop since FTX turmoil
Key Takeaways Coinbase shares fell 31%, marking their steepest drop since the FTX collapse in late 2022. The crypto downturn is driven by macroeconomic concerns, including US trade tensions and recession fears. Share this article Coinbase (COIN) stock took a hit this quarter, falling by around 31%. It represents its worst performance since the FTX…