Coinbase's Big Win: How Crypto Swings Made Millions

Coinbase, a major player in the crypto exchange world, saw a huge jump in profits. This wasn't just a small increase. It was a massive leap. The company made over $432 million in just three months. That's a lot of money! But why did this happen? It all started with some big news. U. S. President Donald Trump talked about being friendly to crypto. This made big investors take notice. They started buying more crypto, especially bitcoin. Prices went up. This was great for Coinbase because more trading means more money for them. But then, things took a turn. The economy didn't look so good. People got worried. They started selling their crypto to protect their money. This is called a sell-off. Even though prices dropped, it was still good for Coinbase. Why? Because when people trade more, Coinbase makes more money. So, Coinbase made a lot of money. But is this always a good thing? Some people think that making money from people's fears is not great. Others say it's just business. What do you think?