Bitcoin Price Surge May Influence Coinbase and Strategy Stock Market Cap Records
The post Bitcoin Price Surge May Influence Coinbase and Strategy Stock Market Cap Records appeared on BitcoinEthereumNews.com.
Coinbase and MicroStrategy both achieved record market capitalizations amid a significant rally in Bitcoin, Ethereum, and XRP prices. Coinbase reached an all-time high stock price of $405.88, while MicroStrategy’s market cap surged past $128 billion despite not hitting a new peak stock price. Michael Saylor, MicroStrategy’s Executive Chairman, highlighted the milestone on social media, emphasizing the company’s strategic Bitcoin holdings as a key driver. Coinbase and MicroStrategy set new market cap records as Bitcoin and major cryptocurrencies surge, reflecting growing investor confidence in crypto-linked stocks. ‘, ‘ 🚀 Advanced Trading Tools Await You!Maximize your potential. Join now and start trading! ‘, ‘ 📈 Professional Trading PlatformLeverage advanced tools and a wide range of coins to boost your investments. Sign up now! ‘ ]; var adplace = document.getElementById(“ads-bitget”); if (adplace) { var sessperindex = parseInt(sessionStorage.getItem(“adsindexBitget”)); var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesBitget.length) : sessperindex; adplace.innerHTML = adscodesBitget[adsindex]; sessperindex = adsindex === adscodesBitget.length – 1 ? 0 : adsindex + 1; sessionStorage.setItem(“adsindexBitget”, sessperindex); } })(); Coinbase Hits Record Highs Amid Bitcoin’s Bullish Momentum On Wednesday, Coinbase, the leading American cryptocurrency exchange, achieved a remarkable milestone by hitting a record intraday stock price of $405.88. This surge was accompanied by a closing price peak of $398.20, marking a 2.6% increase for the day and a 6.5% rise over the past week. The company’s market capitalization also reached an unprecedented $101.42 billion, underscoring its growing prominence within the Nasdaq and the S&P 500 index. This performance aligns with Bitcoin’s recent multiple all-time highs, which have fueled investor enthusiasm across the crypto sector. Impact of Rising Cryptocurrency Prices on Coinbase’s Market Performance The recent rally in Bitcoin, Ethereum, and XRP—each appreciating over 20% in the last week—has significantly bolstered Coinbase’s stock value. As a primary gateway for retail and institutional investors into the crypto…
Filed under: News - @ July 17, 2025 1:29 am