The encryption market has recently welcomed a significant rebound, with BTC even briefly breaking through 123,000 USD, setting a historical high. Ethereum has achieved four consecutive weekly gains, successfully surpassing 3,600 USD, and market participation sentiment has significantly rebounded, with total market capitalization soaring to a historical high of 3.8 trillion USD. Meanwhile, the intersection of the encryption market and the US stock market is also experiencing a notable rebound.



Coinbase Global (COIN) stock price reached a high of $415.96 this week, just a stone's throw away from its historical high of $429. Three months ago, its stock price was as low as $142. As the largest encryption exchange in the world, Coinbase's revenue for 2024 has doubled to $6.6 billion. Although there was a noticeable decline in Q1 this year, the earnings in the encryption market have rebounded in Q2, and its revenue performance may also improve.
BTC0.37%
ETH1.02%
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