By Rishab Shaju and Prakhar Srivastava

July 30 (Reuters) – Coinbase Global posted a third straight quarterly loss on Thursday, hurt by lower trading volumes ​as a prolonged downturn in cryptocurrency markets ‌curbed trading activity.

Shares of the crypto exchange were down 5.3% in trading after the bell.

Cryptocurrency markets came under pressure during the April-to-June quarter as investors shunned riskier assets amid ‌uncertainty ​over U.S. interest rates, geopolitical ⁠tensions and persistent outflows ⁠from crypto investment products. The weakness extended a retreat from record highs reached in October.

Coinbase’s transaction revenue dropped 21% to $599 million during the quarter, from $764 ​million a year…