Cryptocurrency exchange Coinbase swings to quarterly loss on trading slowdown

Core Viewpoint - Coinbase Global reported a significant quarterly loss due to a decline in trading volumes amid a broader selloff in the cryptocurrency market, which was influenced by external economic factors such as new tariffs announced by the U.S. government [1]. Financial Performance - Coinbase's transaction revenue dropped to $982.7 million in the fourth quarter, down from $1.56 billion in the same period the previous year [1]. - The company incurred a loss of $666.7 million, equating to $2.49 per share, compared to a loss of $1.29 billion or $4.68 per share a year earlier [1]. Market Conditions - The cryptocurrency market experienced a downturn in the last quarter of 2025, retreating from record highs observed in early October [1]. - The overall sentiment in the cryptocurrency sector remained negative, leading to reduced volatility, which adversely affected trading activities on exchanges like Coinbase [1].