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Coinbase: crypto winter bites into forecasts
Coinbase尚难走出加密货币寒冬

The exchange’s fortunes are entwined with volatile cryptocurrency prices
Lex专栏:该交易所的命运与波动的加密货币价格纠缠在一起。

The mini rally in cryptocurrencies is not enough to drag crypto exchange Coinbase from the doldrums. After making its debut in April 2021 as one of the largest US listings in history, the share price has crashed. Since the first day’s trading it is down 81 per cent. Trace that decline over bitcoin’s price and it becomes clear that Coinbase has even underperformed the crypto slump.   

加密货币的小幅上涨不足以将加密交易所Coinbase从低迷中拉出来。该公司于2021年4月首次上市,当时成为美国历史上规模最大的上市公司之一,此后其股价暴跌。自首日交易以来,Coinbase已下跌81%。追踪比特币价格的跌幅,我们可以清楚地看到,Coinbase的表现甚至逊于加密货币的暴跌。

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