On October 24, 2025, Coinbase Global Inc (COIN) closed at $354.46, up 9.82% from the previous session, marking a substantial gain for the stock[3][4]. There are no major company-specific announcements, earnings releases, or regulatory events reported for Coinbase on October 27, 2025, according to available news sources[5][6]. The sharp rise appears to be driven by a broad-based rally in U.S. equities following favorable inflation data and positive sentiment from progress in U.S.-China trade talks, which lifted technology and fintech stocks across the board[3]. Given the magnitude of the move and the lack of direct company news, the price action is best attributed to overall market optimism and sector momentum.