Coinbase(NASDAQ: COIN) stock has suffered as the crypto market has dropped

input: Coinbase(NASDAQ: COIN) stock has suffered as the crypto market has dropped in recent weeks, but the company's core business is doing better than ever.

Coinbase (NASDAQ:COIN) stock has slid in recent weeks as the crypto market continues to struggle. But while the macroeconomic environment has put pressure on risky assets, the company's core business is booming.

Stablecoin usage is up massively, and the Base blockchain is attracting builders. In this video, Travis Hoium explains why he thinks the stock is too good to pass up.

Stock prices used were end-of-day prices on April 8, 2025. The video was published on April 9, 2025.

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Travis Hoium has positions in Coinbase Global and Ethereum. The Motley Fool has positions in and recommends Bitcoin, Coinbase Global, and Ethereum. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.output: Coinbase (NASDAQ:COIN) stock has slid in recent weeks as the crypto market continues to struggle. But while the macroeconomic environment has put pressure on risky assets, the company's core business is booming.

Stablecoin usage is up massively, and the Base blockchain is attracting builders. In this video, Travis Hoium explains why he thinks the stock is too good to pass up.