Coinbase is suffering from the Bitcoin collapse. Stocks plummet once again.

the cryptocurrency brokerage disclosed a first-quarter loss and revenue

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that was down 27% year over year,

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below Wall Street's expectations. Coinbase's

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stock fell more than 25% on Wednesday

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reaching its lowest point ever.

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Coinbase's stock has dropped more than

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75% this year and is now trading at over 85% of its all-time high from

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