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Benzinga
Benzinga
Business
Henry Khederian

Why Coinbase Global Stock Hit A New 52-Week High Today

COIN Coinbase Coinbase Global Coinbase Global Inc Crypto Donald Trump Benzinga Edge Washington D.C.
Kyiv,,Ukraine,-,March,15,,2024,Coinbase,Logo,On,Iphone

Shares of Coinbase Global Inc (NASDAQ:COIN) are trading higher Wednesday, hitting a new 52-week high, fueled by a dramatic turnaround for crucial cryptocurrency legislation in Washington. Here’s what investors need to know.

What To Know: The rally follows an announcement from President Donald Trump that he has secured the necessary votes to advance the GENIUS Act and Bitcoin (CRYPTO: BTC) this week hitting a new all-time high.

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