2024-03-29 06:50:00 ET
After a tumultuous 2022 that rattled the industry to its core, the cryptocurrency market is surging back. Its overall market cap of $2.7 trillion is slowly approaching its previous high-water mark of about $3 trillion.
Amid the monster rise, Coinbase (NASDAQ: COIN) has bounced back like a phoenix from the ashes. The top cryptocurrency stock soared 391% in 2023. And so far this year, it's up more than 50%.
Coinbase bulls are yelling louder than ever. And I'm sure they have their sights set on a bigger number over the long term.
For further details see:
Here's How This Skyrocketing Crypto Stock Could Become a Trillion-Dollar Company by 2050