Coinbase CEO exits world’s top 500 rich list as crypto downward trend persists
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Euronews.com
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Brian Armstrong, CEO of a major US cryptocurrency exchange, has dropped from the Bloomberg Billionaires Index amid a downturn in crypto markets, with Bitcoin falling below $70,000. His net worth has decreased from $17.7bn to $7.5bn due to volatility in the crypto sector. Coinbase's stock has lost nearly 60% of its value since July 2025, influenced by lowered price targets from analysts and regulatory uncertainties. The post-election optimism in crypto has diminished, with stalled legislative efforts to clarify regulations. Teljes cikk (Euronews.com)