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Coinbase Confirms End of Era of Insolent Growth in Crypto


The horizon remains uncertain for Coinbase.

Cryptocurrency exchanges still can’t get out of the bad patch that the crypto sector has been through for a year.

The crypto market has lost nearly $2.1 trillion from its all-time high of $3 trillion reached in November 2021. The market is now worth around $886 billion according to the company. data company CoinGecko.

Bitcoin, the most popular digital asset, has lost 75% of its value from its all-time high of $69,044.77 reached on November 10, 2021. BTC price is currently trading around $17,233.76 . The price of the crypto king has been relatively stable since 2023.

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