Coinbase’s stock value plummeted in the first quarter of 2025, marking its worst performance since the FTX collapse. The downturn is a result of heightened market volatility and regulatory pressure. Analyst predictions suggest that this downward trend may persist throughout the year. 2025’s first-quarter saw a significant decline in Coinbase’s stock value, reflecting broader market instability and investor uncertainty. Coinbase, currently one of the leading cryptocurrency exchanges, has been significantly affected by these circumstances. This downturn is particularly concerning given its reliance on trading volumes and altcoins for revenue. Brian Armstrong, CEO of Coinbase Global Inc., highlighted this dependence on trading volume in his statement regarding the decline. The financial impact extends beyond Coinbase as the crypto sector faces a drop in investor confidence. Market uncertainty continues to weigh on the company, impacting its liquidity and valuation. Expert analysis points out similarities with post-FTX market trends, prompting a reassessment of past forecasts. A re-evaluation of strategies by Coinbase may be necessary for their recovery.