What’s Going On With Coinbase Stock?
Published by
Benzinga
Benzinga
Coinbase Global, Inc. (NASDAQ:COIN) shares are trading higher Friday as the price of Bitcoin (CRYPTO: BTC) breached the $47,000 mark on Friday for the first time since 2022. The Details: Bitcoin is up more than 4% and trading just under $47,000 on Friday, and shares of several crypto-related stocks are trading higher including Coinbase. Coinbase’s stock has had a rough start to 2024 and is down more than 19% year-to-date after the long-awaited approval of several spot Bitcoin ETFs became a “sell the news” event. However, Bitcoin has climbed more than 10% over the past five days and Coinbase sh…