{"id":563516,"date":"2023-12-02T05:44:23","date_gmt":"2023-12-02T05:44:23","guid":{"rendered":"https:\/\/www.ktsl888.com\/?p=563516"},"modified":"2023-12-02T05:44:24","modified_gmt":"2023-12-02T05:44:24","slug":"coinbase-coin-up-by-250-heres-why-its-outperforming-btc-and-eth","status":"publish","type":"post","link":"https:\/\/www.ktsl888.com\/news\/coinbase\/coinbase-coin-up-by-250-heres-why-its-outperforming-btc-and-eth\/","title":{"rendered":"Coinbase (COIN) Up By 250% – Here\u2019s Why It’s Outperforming BTC And ETH"},"content":{"rendered":"

The shares of Coinbase Global (COIN) have been on a tear in recent weeks, emphasizing its positive performance in 2023. While the recent resurgence experienced by the exchange\u2019s shares<\/a> coincides with the climate shift in the general cryptocurrency market, the latest price data reveals that COIN might actually be doing better than the market leaders, Bitcoin and Ethereum, since the turn of the year.<\/span><\/p>\n

Here\u2019s Why Coinbase (COIN) Is Up By 250% In 2023<\/strong><\/h2>\n

A recent report<\/a> by crypto intelligence platform IntoTheBlock has revealed that COIN is amongst the crypto-related stocks enjoying the overall positive trend in the cryptocurrency space. This positive momentum recently pushed the price of the Nasdaq-listed Coinbase stock to an 18-month high of around $115<\/a>.<\/span><\/p>\n

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$COIN<\/a> is up by approximately 250% this year, outpacing Bitcoin and Ether's growth of 130% and 75%, respectively. One key factor driving Coinbase's valuation is its trading volumes, with Q4 volumes already surpassing their figures for the last quarter with one month to go pic.twitter.com\/71yl38jyeK<\/a><\/p>\n

— IntoTheBlock (@intotheblock) December 1, 2023<\/a><\/p><\/blockquote>\n