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Coinbase, Crypto Stocks Brush Off Broad Market Selloff

Regulation & LegislationInterest Rates & YieldsCrypto & Digital Assets
Coinbase, Crypto Stocks Brush Off Broad Market Selloff

Coinbase shares rose about 6% to $170.01, moving higher despite prior bond-yield headwinds. The catalyst cited is President Donald Trump urging Congress to pass the Clarity Act, improving regulatory expectations for the crypto sector.

Analysis

Coinbase shares rose about 6% to $170.01, moving higher despite prior bond-yield headwinds. The catalyst cited is President Donald Trump urging Congress to pass the Clarity Act, improving regulatory expectations for the crypto sector.

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