Coinbase stock reaches record high, called "one-stop Amazon" of crypto services by analysts.

From Yahoo Finance: 2025-06-25 11:25:00

Coinbase (COIN) stock was set to close at a record high, labeled as the “one-stop Amazon” of crypto services by analysts. Shares rose 3% to $358, nearing its previous record close. Bernstein analysts raised their price target to $510, citing dominance in US crypto trading and growth in various crypto financial services.

Coinbase stock has surged over 40% post the Senate passing the GENIUS Act. Analysts believe there is still upside potential despite recent gains. Other crypto-related stocks like Circle (CRCL) have also seen significant jumps, with USDC stablecoins rising over 600% since its IPO, as institutional adoption of bitcoin grows.



Read more at Yahoo Finance: Coinbase stock surges to hover near record close as analyst calls company ‘one-stop Amazon’ of crypto services