Golden Finance reported that due to increased concerns about the U.S. economic outlook, the share prices of Coinbase Global Inc. and other cryptocurrencies-related companies suffered a heavy blow in the first quarter of 2025. Coinbase shares fell 31%, marking its worst quarterly performance since the FTX collapsed at the end of 2022. Almost all major crypto-related stocks plummeted, from conglomerate Galaxy Digital Holdings Ltd. to mining companies Riot Platforms Inc. and CoreScientific Inc., which failed to survive. The situation in the crypto market is also not optimistic. Bitcoin's market value has fallen by more than 10%, and Ethereum's market value has fallen by 45%.