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Shares of Coinbase Global and other firms linked to cryptocurrencies were hammered this quarter, as growing concerns about the US economy weighed on digital assets.AdvertisementCoinbase fell 31 per cent in the worst quarterly performance since FTX collapsed near the end of 2022.Nearly every major crypto-linked stock plunged alongside it, from conglomerate Galaxy Digital Holdings to miners such as Riot Platforms and Core Scientific.Things have not been much better in cryptocurrency markets, with bitcoin tumbling more than 10 per cent and ether losing 45 per cent of its value.As US President Donald Trump escalates a global trade war, fear about what...
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Published: 9:45pm, 1 Apr 2025Updated:...
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