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Wajeeh Khan

Coinbase Leads Crypto Stocks Higher as Bitcoin Crosses $80,000

COIN Coinbase Bitcoin Crypto Barchart

Coinbase (COIN) shares moved meaningfully higher on Sept. 18 as Bitcoin (BTCUSD) recovered sharply, hitting an intraday high of more than $81,000. As COIN rallied on a sharp crypto market rebound, it soared past its 20-day moving average (MA) today, indicating that bullish momentum could sustain in the near term.

Versus the start of this year, Coinbase stock is still down about 15%.

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One subscription that gives you access to news from hundreds of sites

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