Shares of crypto-linked companies fell sharply on Friday, with Coinbase down more than 13% a day after reporting a drop in third-quarter revenue. Circle fell more than 9%, Strategy about 8%, IREN more than 10% and Figure Technology Solutions about 9%, according to Yahoo Finance data at the time of writing. Coinbase posted $719 million in net income, boosted by about $715 million in gains on crypto investments, though net revenue fell about 34% year over year to $1.16 billion. Strategy reported $19.53 billion in net income, driven by a $20.91 billion gain on its Bitcoin holdings, while revenue fell 3% to $125.4 million, and CFO Andrew Kang will step down on Nov. 5.
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cryptoearningsCoinbasebitcoinBinance
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Related tickers and likely impact
BNB/USDT
▼ Likely negativeBNB
Relevance: high
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Exchange tokens |
| Market cap | $97.5B |
| Close on 10/29/2026 | 698.46 |
| Change that session | -8.08% |
BTC/USDT
▼ Likely negativeBitcoin
Relevance: medium
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Layer 1 |
| Market cap | $1.6T |
| Close on 10/29/2026 | 77,991.89 |
| Change that session | -4.12% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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