Shares of Coinbase (COIN), the largest cryptocurrency exchange in the USA, attracted attention with a significant increase in value after a long time.
Coinbase shares continue their rise as Bitcoin and cryptocurrency markets remain positive. With the significant increases in recent days, COIN, Since May 2022 saw its highest level.
According to TradingView data, in the last week 16% Rising COIN, 100 dollars from level for $116 reached. COIN price was only at the beginning of November 77 dollars was at the level. While writing COIN from $115.5 is being traded. COIN shares on the other hand 2021 During the bull period in 368 It rose to the dollar.
Especially in recent times spot Bitcoin exchange-traded fund (ETF) It is thought that the increasing expectation for the approval of applications has a positive impact on the COIN price.
On the other hand, the USA gave Binance $4.3 billion The fine and the resignation of founder Changpeng Zhao (CZ) solidified Coinbase’s position in the US. A similar situation is the cryptocurrency exchange that went bankrupt FTX While its native token is also experienced for FTT FTTsoon after the Binance news more than 50% rose.
