COIN - What's Going On With Coinbase Stock Amid Bitcoin Surge? | Benzinga
Shares of crypto-related companies, including Coinbase, are moving higher Wednesday as Bitcoin trades above the $60,000 level, its highest since November 2021. Several factors are contributing to Bitcoin's rally including the upcoming halving event and the newly approved spot Bitcoin ETFs. Demand for Bitcoin has increased following the spot ETF approvals, and trading volumes for the nine spot Bitcoin ETFs hit a daily record on Monday.
Coinbase Global, Inc. (NASDAQ:COIN) shares are trading higher Wednesday as Bitcoin continues its recent rally. Here's a look at what's going on.
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Shares of crypto-related companies, including Coinbase, are moving higher Wednesday as Bitcoin trades above the $60,000 level, its highest since November 2021.
Several factors are contributing to Bitcoin's rally including the upcoming halving event and the ...