B this is a structural change with a decline in overall market valuations.
$SPDR S&P 500 ETF Trust(SPY)$ this indicates that further losses are eminiant
Coinbase Revenue Declines, Bitcoin at $65K: Buy or Sell?
Coinbase reported Q4 revenue of $1.781 billion, down 22% year over year from $2.271 billion. Adjusted net income fell sharply to $178 million from $931 million a year earlier.
Bitcoin is trading at $66k.
Does the earnings decline signal weakening momentum?
How should investors assess crypto platform cyclicality?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments