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International Business Times UK
International Business Times UK
Rohit David

Why Is Coinbase Stock Soaring—Could COIN Stock's Lofty Target Signal a Crypto Boom?

Coinbase (COIN) soars with a £408 ($510) price target, fueled by stablecoin revenue and the GENIUS Act. Could this signal a £1.6 trillion crypto surge? (Credit: Coinbase X Profile Photo)

Coinbase Global (COIN) has seen its stock surge 40% in June 2025, outpacing the S&P 500's 3% gain, driven by a favorable crypto regulatory environment and its partnership with stablecoin issuer Circle Internet Group.

With analysts like Bernstein raising COIN's price target to £408 ($559), implying a 48% upside, investors are buzzing about whether this signals a broader cryptocurrency boom.

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