Why Is Coinbase (COIN) Stock Rocketing Higher Today
Shares of blockchain infrastructure company Coinbase (NASDAQ:COIN) jumped 10.3% in the afternoon session after crypto-linked stocks rebounded sharply as Bitcoin broke above the $90,000 mark, reinforcing investor confidence in digital assets. The rally coincided with a weakening US dollar, which appeared to boost demand for assets considered alternative stores of value. Crypto, especially Bitcoin, has been evolving to be one of those spots people flock to when they're worried about inflation or t