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Coinbase up 6.5% in premarket amid Bitcoin rally

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March 04 2024 3:29AM

Shares of Coinbase Global (NASDAQ:COIN) moved in lockstep with Bitcoin’s gains which surpassed the $65,000 mark on Monday.

The recently approved Bitcoin exchange-traded funds (ETFs) and the upcoming April halving propelled the world’s largest digital token to its two-year high.

The company stock surged 6.5% to sell at $218.19 apiece at 7:46 am ET.

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