News Explorer — Coinbase Stock Rises 5%, Bitcoin Gains 17% as Analysts Await Company’s Q4 Earnings

Feb 15, 5:03 pm

Decrypt

Coinbase Stock Rises 5%, Bitcoin Gains 17% as Analysts Await Company’s Q4 Earnings

Coinbase’s stock is up 5% in early morning trading, reaching $168.19. The rise in stock price is attributed to the bullish market movement, with Bitcoin gaining 17% since last week. Coinbase will report its 2023 Q4 earnings after the U.S. markets close today, and analysts are eager to see how the company has fared since the start of trading for Bitcoin ETFs.