Thinking about whether Coinbase Global is a bargain or already priced for perfection? You are not alone. Let’s unpack what is driving all the interest around this stock’s true value.
Coinbase Global’s share price has surged 8.8% in the past week, is up 4.4% over the last month, and boasts an impressive 35.5% gain year to date, with a 64.6% return over the last 12 months and an eye-catching 474.2% over three years.
Recent reports about regulatory developments in the U.S. crypto market and institutional adoption of digital assets have been making headlines, driving investor confidence and fueling volatility. The momentum in the crypto industry as a whole is clearly spilling over into Coinbase Global’s stock price.
