Coinbase Q2 Trading Volume May Fall Short of Estimates

Coinbase's trading volume may not meet expectations, according to speculation on prediction market platform Kalshi. Speculators think that Coinbase will report a second-quarter trading volume of below $160 billion, which is lower than analyst estimates.

The prediction comes as Coinbase has seen a decline in trading volume for the last two quarters. This downturn is attributed to the fall in Bitcoin prices, which negatively impacts the cryptocurrency trading platform.