Coinbase posted its strongest quarter of earnings in over a year in Q4, as crypto prices and trading surged after the election of US President Donald Trump. Coinbase’s Feb. 13 financial results show the firm hit total revenue of $2.

Coinbase Q4 2024 revenue beats forecast by 23%, totaling $2.3B, driven by increased crypto trading and service adoption.

While Coinbase reported a 141% increase in total revenue year-over-year, $2.3 billion fell just shy of a record-breaking performance for the exchange. During the height of the pandemic-era bull market in the fourth quarter of 2021, Coinbase boasted $2.5 billion in sales.

Coinbase just dropped numbers that Wall Street didn’t see coming. The biggest crypto exchange in the U.S. reported fourth-quarter revenue of $2.27 billion, a 130% jump from last year and well past the $1.

Crypto exchange Coinbase beat estimates for fourth-quarter profit on Thursday, driven by higher trading volumes in bitcoin and other digital tokens following the U.S. election. Unprecedented interest in crypto,

Donald Trump’s return to the White House helped Coinbase Global to blow past analysts’ expectations in the fourth quarter, as a more friendly regulatory regime lures investors back to the crypto market.