Coinbase (Coin) shares decreased by more than 30 % during the first quarter (Q1) from 2025, according to Bloomberg. This is primarily due to the escalating concerns about the American economy and its impact on digital assets. The shares started 2025 trading with more than $ 257 on January 2 and finished a quarter with more than $ 172.
Coinbase Global Inc. shares Other companies associated with encryption assets Decline This quarter as increasing concerns about the American economy weighs digital assets. Google financing data revealed a decrease of approximately 33 %, making the first quarter of 2025 the worst for Coinbase’s stock performance since the FTX collapsed in November 2022. In the fourth quarter of 2022, Coinbase’s share price increased from $ 66 to October 35 to $ 35.4 on December 30, which is approximately 46.4 %.
Coinbase is expected to issue its financial data for 2025 in early May. The company’s recent shareholders ’letter revealed that the company achieved about 750 million dollars of transactions revenues until February 11, and the subscription revenues are expected between 685 million dollars and 765 million dollars.
Coinbase decreases by more than 30 % YTD amid a decrease in the market
Google Finance showed that Coinbase shares He falls 33 % in the first quarter of 2025, as it decreased from $ 257 on January 2 to $ 172 on March 31, as it was a noticeable decrease in a quarter of Queens Quins since Q4 2022 when his share decreased by 46.4 % after FTX collapsed. The decrease reflects a wider direction that affects almost all the main arrows associated with encryption, including companies such as Galaxy Digital Holdings (GLXY.TO), riot platforms (RIOT), and Core Scientific (Corz).
TradingView data also revealed that Coinbase struggles that reflect Bitcoin, where the highest coding assets are to be closed, one of its weakest quarters with a 11 % loss, despite a 16 % increase during the past year. ETHEREUM (ETH) decreased more than 45 % in value.
“Many people in society realize that this is not driven by basic reasons … and this is mainly driven by the total reasons due to customs tariffs, potential commercial war, and people who are concerned about the upcoming recession.”
Coinbase published Q4 2024 profits on February 13, 2025, which was $ 3.39, which won the estimates of the consensus of 0.46 dollars at $ 2.93. With the arrow’s profitability of $ 9.50 and P/E from 18.35, Coinbase Global profits are expected to grow 18.84 % next year, from $ 7.22 to $ 8.58 per share.
The contraction of the encryption market affects the companies circulating publicly
Most of the encryption companies publicly circulated about negative results in the first quarter of 2025. According to Yahoo Finance, the state of the encryption market was far from the beginning of the year, when optimism was in the “Fever Stadium” after Trump was elected. The S&P 500 (^Gspc) has also been directed to the worst quarter since mid -2012 after a list of economic data was deepened on Friday. Consequently, traders fled a special speed of risky beta, including digital assets.
Lao also said that the coding arrows were a higher and more volatile risk than the bitcoin itself, with an investment in a company that carries an additional bankruptcy threat.
The pain extended beyond Coinbase, where Bitcoin miners also face sharp declines in this quarter. Mara Holdings (MARA) decreased by 31 %, riots (RIOT) decreased by more than 30 %, and Core Scientific (Corz) decreased by 48 %. Meanwhile, Cleanspark (CLSK) lost 27 %, while the 8 (cottage) hut decreased by 43 %. The strategy (MSTR), which is intended in bitcoin, has also witnessed a modest decline.
Datacenter and HIVE DIGIOTAL TECINOLOGIES have witnessed its shares from $ 2.97 to $ 1.45 in the first quarter, and lost more than half of its price. The Canaan Creative product product started a quarter at $ 2.11 and ended at $ 0.8778 for a loss of about 58.4 %.
Analysts have warned that the worst may be in front of us, as President Trump’s “liberation day” on the second horizon waving on April 2, when aggressive definitions are accelerated. Specifications, potential commercial wars and recession fears lead to a retreat from the most dangerous assets.
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