Bitcoin Holds Support at $23K as Coinbase Earnings Reveal Billion-Dollar Losses

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After rising to $24k this week and testing support at $23k yesterday, Bitcoin continues to trade sideways today, managing to hold current support levels. The 24-hour trading volume shows a slight decline, down 9% today as the markets slow down. Key Points: Bitcoin continues to hold support at $23k and trades sideways. Coinbase’s Q2 Earnings Report reveals $1.1 billion in losses. Coinbase remains focused on improving its products and is optimistic about the long-term outlook for cryptocurrency markets. Coinbase Earnings Report Reveals Substantial Losses As earning season is upon us, and as traders predicted, Coinbase’s Q2 report revealed a billion-dollar

The post Bitcoin Holds Support at $23K as Coinbase Earnings Reveal Billion-Dollar Losses appeared first on The Merkle News.

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