business / news / / CoinDesk
Barclays: Global crypto trading activity has declined to a level not seen since the.
Barclays downgraded Coinbase, citing crypto trading activity at its lowest since late 2023.
KEY POINTS
- Coinbase's March trading volume was the lowest since September 2024, with April showing no improvement.
- Oppenheimer cut its Coinbase volume estimate for Q1 2026 to $211 billion, down from $244 billion.
- Stablecoin market cap and USDC transfer volume rose modestly, but regulatory uncertainty persists.
- Barclays doubts Coinbase's diversification strategy will offset declining trading revenue in the near term.
COMPANIES
Summarized by Newsio from CoinDesk. How we summarize →