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Fortune
Fortune
Ben Weiss

Coinbase posts near-record results, but stock slumps on concern over temporary ‘Trump bump‘

(Credit: Stefan Wermuth—Bloomberg/Getty Images)

The U.S.’s most prominent crypto exchange is printing money again, making the recent Crypto Winter feel like a distant memory. On Thursday, Bitcoin on its exchange. That’s about 60% of its fourth-quarter revenue.

The crypto exchange also saw the fees it gets for institutional trading almost triple from the prior quarter to more than $140 million in the fourth.

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