Moody’s downgrades Coinbase due to bear: Warns it may not be the last
![](https://cryptonewswire.org/wp-content/uploads/https://images.cointelegraph.com/images/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS9zdG9yYWdlL3VwbG9hZHMvdmlldy82MjU5ZDA4MmU4M2QyMDQ5MWY0MzA3NWMzOGQ5NzBlYS5wbmc=.jpg)
Moody’s said further downgrades could follow if Coinbase doesn’t diversify from its current revenue model or it’s unable to turn a profit even in a prolonged bear market.
Moody’s said further downgrades could follow if Coinbase doesn’t diversify from its current revenue model or it’s unable to turn a profit even in a prolonged bear market.