Coinbase’s stock fell 31% in Q1 2025, its worst quarterly performance since FTX collapsed in 2022; nearly every major crypto-linked stock plunged alongside it (Matthew Griffin/Bloomberg)

Matthew Griffin / Bloomberg:
Coinbase's stock fell 31% in Q1 2025, its worst quarterly performance since FTX collapsed in 2022; nearly every major crypto-linked stock plunged alongside it  —  Coinbase fell 31% in the worst quarterly performance since FTX collapsed near the end of 2022.