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Coinbase Earns Upgrade As Bitcoin Explodes Past $70,0000: Volumes ‘Not Seen Since 2021’

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Shares of Coinbase Global Inc (NASDAQ: COIN) climbed in early trading on Friday, with Bitcoin prices on fire.

Prices of several cryptocurrencies are hovering near record higher and Coinbase Global’s daily volumes have “reached levels not seen since 2021,” according to Goldman Sachs.

The Coinbase Global Analyst: Will Nance upgraded the rating for Coinbase Global from Sell to Neutral, while raising the price target from $170 to $282.

Also Read: Nvidia Stock Split? Experts See The Soaring Stock Prompting Another Split, Making It More Accessible

The Coinbase Global Thesis: While crypto has …

Full story available on Benzinga.com

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