Coinbase: A Surprising Champion Of The Trump Trade, Eyes New Stock Records

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July 15, 2025 · 10:30 AM

Coinbase: A Surprising Champion Of The Trump Trade, Eyes New Stock Records

Coinbase (COIN) is experiencing strong momentum, with its stock nearing a record closing high as the cryptocurrency sector enters a period of increased attention from the White House, referred to as "Crypto Week." The surge in the crypto market, highlighted by Bitcoin reaching over $123,000, is linked to favorable legislative changes, the resolution of lawsuits with the SEC, and supportive regulatory appointments. Coinbase's stock rose by 2% to $394.

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