Coinbase posted its second consecutive quarterly profit as crypto trading surged during the first three months of 2024.
Bitcoin (BTC-USD) is holding above $58,000 after falling to a two-month low ahead of the Federal Reserve's interest rate decision on Wednesday. Yahoo Finance Senior Markets Reporter Jared Blikre monitors the action occurring in the crypto space, taking a closer look at downward movements seen in spot bitcoin ETFs. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Luke Carberry Mogan.
Bitcoin fell more than 10% in the first three days of this week, the worst three-day stretch since August 2023.