Bitcoin, Ethereum, and XRP slipped sharply today amid rising political and economic uncertainty. Liquidations across the industry surpassed $900 million.


A broader equity sell‑off, driven by trade tensions and mixed U.S. jobs data, spilled into crypto—Bitcoin dipped below $115,000 and Coinbase stock plunged by nearly 17 %.

Coinbase reported Q2 earnings of $5.14/share, but investors were disappointed—adjusted earnings of $0.12/share significantly missed expectations, and revenue came in at $1.5 billion versus $1.59 b expected. Transaction and institutional revenues were notably below forecast.

The company also announced a partnership with JPMorgan, enabling Chase credit card holders to redeem reward points for USDC on Coinbase, launching this fall. After adding 2,509 BTC to its treasury, Coinbase stock still fell ~16.7 %.
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BTC1.37%
ETH1.9%
XRP1.41%
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