Coinbase Stock Price Prediction After Quarterly Revenue Miss: What’s Next?

Coinbase stock fell 5.12% to $155.20 in premarket trading after the exchange reported second-quarter results. Revenue reached $1.22 billion, missing the $1.29 billion estimate and falling 18.5% yearly. Coinbase also posted a $359 million net loss. Meanwhile, Bitcoin price slipped 1.34% to $63,655, while the crypto market declined 1.11% to $2.18 trillion. The declines added