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Benzinga
Benzinga
Business
Melanie Schaffer

Coinbase Stock Surges In Tandem With Bitcoin, Ethereum: Here's What To Watch

Coinbase Global Inc. (NASDAQ:COIN) gapped up 7% to start Friday’s trading session following a massive crypto rally, which began at 11:00 p.m. Thursday evening.

Bitcoin (CRYPTO: BTC) surged almost 9% higher, leading both Ethereum (CRYPTO: ETH) and Dogecoin (CRYPTO: DOGE) about 5% higher. The general markets were also experiencing bullish price action, with the S&P 500 ripping up about 1.1%.

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