Crypto Price: Super Bowl Is a Big Win for Coinbase, but a Loss for Bitcoin

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The Street

By Rob Lenihan Bitcoin fails to reach the $50,000 mark despite the Super Bowl hype, but Coinbase Global gets over 20 million hits on its landing page. The crypto-related hype surrounding Sunday’s Super Bowl produced mix results as bitcoin failed to reach $50,000, while Coinbase Global saw an “historic and unprecedented” reaction to its commercial during the big game. The championship game, which saw the LA Rams defeat the Cincinnati Bengals, had been dubbed the ‘Crypto Bowl’ due to the number of exchanges buying ad space. ‘Historic and Unprecedented’Coinbase Global (COIN) got a boost from all …

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