📉 Coinbase Global Inc. $COIN reported its third consecutive quarterly loss, as weaker cryptocurrency trading activity continued to pressure results. The company posted a net loss of $359.5M ($1.36/share), compared with net income of $1.43B ($5.14/share) a year earlier, while shares fell 4.9% in after-hours trading. 💰 Transaction revenue declined 21% year over year to $599M, reflecting lower trading volumes as investors pulled back from risk assets amid U.S. interest rate uncertainty, geopolitical tensions and continued outflows from crypto investment products. The prolonged weakness extended the correction that followed the crypto market's record highs reached last October. ⚠️ The results underscore Coinbase Global Inc. $COIN's continued dependence on trading activity, with softer market sentiment weighing on its core revenue stream. A sustained recovery in cryptocurrency prices and investor participation will likely be key catalysts for improving earnings and returning the company to profitability. #Crypto #Coinbase #Earnings