🟢 Coinbase Global is trading 4.48% up today as Bitcoin moved above $70,000

Coinbase Global is trading 4.48% up at $167.38 after President Donald Trump urged Congress to pass the CLARITY Act, lifting crypto stocks.

• Reuters reported an 8.4% premarket gain as Bitcoin moved above $70,000 and Ether reached a three-month high.
• Since Aug. 19 close, Bitcoin is up 4.75% and Ether 7.47%; Coinbase rose 9.55% on August 19, while U.S. indexes are slightly lower August 20.
• Zacks’ Strong Sell rating and weak second-quarter earnings outlook are counterweights, not today’s upward driver.