Coinbase Shares Rise 4.5% as Bitcoin Rebounds Above $84,000
Coinbase shares rose 4.5% in afternoon trading as Bitcoin advanced 3% over 24 hours to cross $84,000, prompting broad buying across cryptocurrency-linked equities.
What happened? Shares of blockchain infrastructure company Coinbase NASDAQ:COIN jumped 4.5% in the afternoon session after Bitcoin rebounded, advancing 3% over the prior 24 hours to cross $84,000 and sparked broad buying across cryptocurrency-linked equities.Sentiment was bolstered as Needham analy…