tradingkey.logo

Coinbase Stock Hits Record High — Market Cap Tops $100 Billion for First Time

TradingKey
AuthorBlock Tao
Jul 15, 2025 3:41 AM

TradingKey – On Monday, July 14, shares of Coinbase (COIN) surged nearly 2%, reaching an intraday high of $398.50, marking a new all-time high. The rally pushed the company’s market capitalization past $100 billion for the first time, now standing at $100.36 billion.

Coinbase- Stock- Price Chart – Source-TradingView

Coinbase Stock Price Chart – Source: TradingView.

The surge was largely driven by Bitcoin’s breakout above $123,000, which lifted investor sentiment and triggered a broad rally across crypto-related equities. Coinbase, as the largest U.S.-listed crypto exchange, remains tightly correlated with Bitcoin’s price movements.

At press time, Bitcoin (BTC) has retreated more than 4% from its peak, falling below the $120,000 threshold to $118,034. Analysts warn that this correction could weigh on Coinbase’s stock in the short term, with $110,000 identified as the next key support level.

Bitcoin- Price Chart – Source-TradingView

Bitcoin Price Chart – Source: TradingView.

TradingKey Stock Score
Coinbase Global Inc Key Insights:The company's fundamentals are relatively very healthy. Its valuation is considered undervalued,and institutional recognition is very high. Over the past 30 days, multiple analysts have rated the company as a Buy. The company is performing strongly in the stock market, with strong fundamentals and technicals supporting the momentum. The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading. View Details >>
Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.

Related Articles

Tradingkey
KeyAI