Coinbase Stock Opens 5% Higher As BTC Hits $72,000 – Latest Price Forecast & Analysis
The stocks of crypto companies like Coinbase (NASDAQ: COIN) are in goldilocks as Bitcoin price has exceeded $72,000. The pioneering digital asset is gaining strength above its previous all-time high of $69,000 after multiple failed attempts to break the key level last week.
This has resulted in a strong demand for Coinbase stock, as it is the biggest cryptocurrency exchange in the United States. The company carried an IPO during 2021’s bull run, and its shares tanked very hard in the bear market as BTC hit…