Coinbase Global is trading at $189.84 (+10.15%), driven by Bitcoin’s rally and renewed optimism around President Trump’s support for the CLARITY Act.
- Bitcoin is up 5.77% since the August 20 close, while Ethereum has gained 2.70%, lifting crypto-exchange sentiment.
- The move coincides with a major crypto short squeeze; crypto-linked equities advanced, while overall U.S. indices posted only modest gains, indicating a primarily sector-driven move.