Coinbase Posts Q1 Loss but Beats Expectations, Crypto Revival Fuels Optimism

Coinbase's Q1 earnings report showed a smaller loss than expected.
Coinbase shares rose nearly 7% after the report.
Revenue and adjusted earnings were higher than analysts expected.
While trading volume declined, investors believe cryptocurrency is poised to rebound.
The results buoy hopes that Coinbase's fortunes may be turning around.