Coinbase Reports Significant Drop in Consumer Trading Volume Raising Concerns for Crypto Industry

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Coinbase Reports Significant Drop in Consumer Trading Volume Raising Concerns for Crypto Industry

Coinbase has reported a significant drop in consumer trading volume, which has raised concerns for the crypto industry. 
On Thursday, the largest US-based cryptocurrency exchange released its second quarter earnings report, revealing that transaction volume for consumers and institutions has declined by 70% and 54%, respectively, compared to the same period last year….
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