is coinbase currently down

Coinbase is currently down, as the company reported a loss of more than $350 million in its quarter. This was primarily due to the impact of the COVID-19 pandemic on the cryptocurrency market, which caused a decline in demand for digital assets. The company is seeking to recover from the losses by cutting costs and increasing its digital currency offerings, which could help to slow the decline. However, it remains to be seen how the situation will evolve as the market adjusts to the new economic realities.