Coinbase is reporting earnings today amid a crypto volumes slump

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Coinbase is reporting earnings today amid a crypto volumes slump by fintechfrank

Bitcoin price, sagging volumes, and potential NFT marketplace will be top of mind for Wall Street.Crypto exchange Coinbase will report fourth-quarter earnings Thursday, revealing to Wall Street exactly how the firm navigated the recent drawdown in bitcoin's price and whether the current macro uncertainty will put pressure on its share price.

A wide range of stocks exposed to crypto fell sharply over the course of the fourth quarter, including MicroStrategy, Square , and Silvergate. Block is also reporting earnings on Thursday.

 

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