Key Crypto Exchange Struggles as Values Plunge

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The Street

By Ellen Chang The most popular U.S. cryptocurrency exchange faces additional declines in trading volume. A beleaguered cryptocurrency exchange is facing more turmoil in the wake of a plunge in currency valuations. Coinbase (COIN) – Get Coinbase Global Inc Report shares have fallen by 75% amid weak earnings and lower trading volume this year. The company’s shares are extremely volatile as its attempts to regain a foothold in the crypto industry remain murky. Shares closed negative 13 out of the last 15 days as of Sept. 6. The stock rebounded slightly by 8.7% amid a broad market upswing on Sept…

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