Retail investors on Coinbase continued buying dips through market volatility, even as warnings of a severe crypto winter emerged.

Since reaching a record high last October, Bitcoin has shed nearly half its value. As it continues to struggle below $70,000, the weakness is fueling fears of another crypto winter.

But despite the ongoing volatility in the market, retail activity on Coinbase has remained steady, according to Brian Armstrong.

Post-October Slump

In a recent tweet, the Coinbase chief executive said that the platform data shows retail users have continued buying despite price dips as native unit holdings across Bitcoin and Ethereum increased. Armstrong added that…