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Coinbase UK CEO Says Crypto Downturn Reflects Macro Jitters, Not Lost Confidence
Yahoo Finance· 2025-11-19 16:23
Crypto markets extended their decline this week, with Bitcoin slipping to multi-week lows and shedding hundreds of billions of dollars in market value. Yet according to Coinbase UK CEO Keith Grose, the downturn reflects a broader shift in global risk sentiment rather than fading conviction in digital assets. Grose said Coinbase’s latest research points to “jitters around AI-bubble fears and a broader risk-off mood among investors” as central drivers of the sell-off. He noted that while the price action ha ...