Coinbase Global Inc is trading 4.8% up at $159.75 as crypto markets rebound alongside a broader risk-on move in U.S. equities.
- Major cryptocurrencies including Bitcoin and Ethereum are up roughly 3–4%, boosting trading- and sentiment-sensitive exchange stocks.
- The recovery follows a sharp sell-off last week, with both the Nasdaq and crypto sectors trending higher today.
- Today’s move appears driven by sector-wide momentum rather than new company-specific developments.