The cryptocurrency has been hit hard since the beginning of the year due to the overall risk-off environment. The top two cryptocurrencies, Bitcoin and Ethereum, are down roughly 50% year-to-date. Cryptocurrency exchange Coinbase Global, Inc. (COIN) has lost 64.1% in price year-to-date and 64.8% over the past year to close the last trading session at $90.39.
COIN offers retailers the primary financial account in the crypto economy, a marketplace with a pool of liquidity for transacting in crypto assets for institutions, and technology and services that enable ecosystem partners to build crypto-based applications and securely accept crypto-asset payments.
