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Google feels the bearish crypto market, as crypto ad revenues have fallen since July By Cointelegraph


Google feels the bearish market as crypto ad revenue has fallen since July

The latest earnings call from Google’s parent company, Alphabet (NASDAQ:), highlighted decreased search advertising spending from financial services and cryptocurrency subcategories.

Alphabet has released its earnings Report On Oct. 25, Q3 revenue showed a 6.6% increase over Q3 last year, totaling $69.1 trillion. Revenues dropped slightly from Q2 2022 at $69.7 billion to $69.1 billion.