Coinbase Stock Sees a Record Winning Streak. Americans Are Bullish on Crypto Again.

Mar 22, 2023 · 1 min read · 71 points
Coinbase Stock Sees a Record Winning Streak. Americans Are Bullish on Crypto Again.
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Data signals that U.S.-based Coinbase is attracting more crypto trading, which could indicate improving sentiment on Bitcoin among American investors.

Highlights

  • Bitcoin rally this year has reignited Americans’ interest in digital assets.
  • Bitcoin this week rose above $28,000, its highest levels since last summer.
  • Data signals that U.S.-based Coinbase is attracting more crypto trading, which could indicate improving sentiment on Bitcoin among American investors.
  • Bitcoin rally has fueled a record rise in the shares of the company, which is based in New York City, New York, for the first time since 2012.
  • Bitcoin prices have soared to start 2023, with traders expecting the Federal Reserve to ease off painful interest-rate hikes after pressures on banks sparked a panic in recent weeks, according to the latest data.

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