Coinbase stock rallies 16% as retail users stack Bitcoin and Ethereum
The post Coinbase stock rallies 16% as retail users stack Bitcoin and Ethereum appeared on BitcoinEthereumNews.com.
Coinbase stock rallied, spiking about 16% in a single session amid renewed optimism from retail cryptocurrency investors who have been accumulating Bitcoin (BTC) and Ethereum (ETH) during recent price weakness. The stock’s rebound comes after a prolonged period of volatility for both crypto markets and Coinbase’s own share price. Coinbase’s CEO, Brian Armstrong, highlighted that many individual users continued to build up their Bitcoin and Ethereum holdings even as prices were soft. The rally continued as retail customers either bolstered or held onto their Bitcoin and Ethereum holdings during the recent market weakness, signaling trust among regular investors. Shares of Coinbase finished at $164.32 in the last trading session, gaining $23.23 or some 16%, per market data from TradingView. The stock rose to $141 to open the day and continued to climb throughout the session, finishing close to its intraday high. Coinbase’s rise coincided with reports that retail investors were accumulating cryptocurrencies in the recent slide. Armstrong wrote that numerous users who bought more dropped or remained in the same position despite the market’s volatility. He referred to the trend as “buying the dip “: an investment strategy in which people buy investments after a price decline in anticipation of a rebound. Bitcoin and Ethereum accounted for most of that activity, according to him. These two cryptocurrencies typically produce the greatest trading volumes on the exchange. Armstrong also said that retail wallet balances in February were higher than in December despite price peaks and troughs. He alleged that many users displayed what crypto-lore scholars commonly call “diamond hands,” holding onto their assets rather than selling them during downturns. Analysts outline key price levels and targets Market analysts have been closely watching Coinbase’s technical levels. A weekly chart for analyst Ace illustrates the stock testing major Fibonacci retracement areas, which traders…
Filed under: News - @ February 16, 2026 1:03 am