coinwire
2023-12-24
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Coinbase, the leading U.S. cryptocurrency trading platform, has witnessed a staggering surge in its stock returns, surpassing 400% in 2023. As of December 19, the COIN stock reached $162, marking a 20-month high and solidifying its position as the top crypto pick for the year. While both Coinbase and Bitcoin have experienced simultaneous growth throughout the year, Coinbase’s performance appears to be setting it apart as the market anticipates the potential approval of the first U.S. spot Bitcoin exchange-traded fund (ETF).