Coinbase Global is trading 5.5% up today at $181.90 after Bitcoin rose 5.75% since the August 20 close and Ethereum gained 2.68%, strengthening the broader crypto sector.
- The U.S. Treasury’s plan to double long-term bond buybacks coincided with renewed White House support for the CLARITY Act.
- Large crypto short liquidations amplified risk appetite.
- No clear Coinbase-specific announcement was identified.