Coinbase Sees Slowing Crypto Trading Volumes Amid Q2 Earnings
Coinbase and Strategy reported their Q2 earnings, revealing a slowdown in crypto trading volumes.
The company's revenue rose by 20% year-over-year to $1.18 billion, but the growth rate was slower than expected.
Chief Financial Officer Alesia Haas stated that the decrease in trading volumes was a 'normal' market fluctuation.