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00:02Coinbase shares fell on Wednesday, as escalating Middle East tensions and weak crypto-related
00:07earnings weighed on sentiment across digital assets, according to Benzinga.
00:12Robinhood reported a 47% year-over-year drop in crypto transaction revenue,
00:17signaling a broader slowdown in retail trading that pressures Coinbase's volumes.
00:22President Trump told Axios that the U.S. will maintain a naval blockade on Iran
00:26until a nuclear agreement is reached, while officials confirmed military strike options remain prepared.
00:32Oil prices surged, and U.S. gasoline reached its highest level since 2022, pressuring risk assets.
00:40Shares were down by 5.98% at $182.49 in Thursday's pre-market trading,
00:48according to data from Benzinga Pro.
00:50For all things money, visit Benzinga.com.
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