Record Week in Crypto: Coinbase and Bitcoin Drive New Highs
From Nasdaq:
Crypto market sees significant gains this week, driven by positive sentiment. ETF inflows boost Bitcoin, with Coinbase up 23.6%, Cardano up 17.6%, and Solana up 35.3% for the week. Utility tokens like Solana and Cardano gain traction for their real-world use cases and potential ETF boosts. Momentum in the market is high, but caution is advised due to potential volatility ahead. Inflation, consumer behavior, and housing costs could impact market sentiment moving forward. Coinbase Global stock not among 10 best stocks recommended by Motley Fool Stock Advisor. Travis Hoium holds positions in Coinbase Global, Ethereum, and Solana. Motley Fool holds positions in Bitcoin, Cardano, Coinbase Global, Ethereum, and Solana.
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