COIN is trading at $205.59 (+4.9%) amid a strong crypto market rebound as investors pile back into digital asset exchanges.
- Bitcoin has surged 4.33% since the last close to reach $78,860, while Ethereum gained 3.24%, providing a significant tailwind for the stock.
- Eased tensions in the Middle East have improved sentiment for risk assets, helping the stock maintain its uptrend despite yesterday's NY AG lawsuit regarding prediction markets.