Coinbase Q4 revenue surges 88% as Trump’s election boosts crypto prices — TradingView News
Coinbase posted its strongest quarter of earnings in over a year in Q4, as crypto prices and trading surged after the election of US President Donald Trump.
Coinbase’s Feb. 13 financial results show the firm hit total revenue of $2.3 billion, up 88% quarter-on-quarter, while net income was $1.3 billion, both far exceeding analyst expectations.
Trading volume reached $439 billion in the fourth quarter, beating estimates of $404 billion.
Meanwhile, consumer transaction revenue increased over 178% quarter-on-quarter to $1.35 billion, while institutional revenue increased 155% over the same timeframe to $141.3 million in Q4 — a quarter highlighted by US President Donald Trump’s election win and rising market prices.
“The majority of…
