Coinbase Stock To $2000? Top Analyst Flags Ultra Rare Pattern To Watch
Coinbase Stock Price Prediction | Source: Ali Martinez
On May 13, the crypto exchange stock rose over 10% in the pre-market following its addition to the S&P 500 Index.
The Coinbase stock continued with the momentum beyond then. On June 26, COIN recorded a new closing high of $375.07, following a 5.5% price rally.
So far, the crypto stock has outpaced most of its peers in the digital assets industry.
How the Crypto Market Impacts Coinbase
The Coinbase exchange generates revenues from trading fees, subscriptions, and services. The trading fee revenue fluctuates in line with crypto prices.
This means Coinbase generates more revenue when crypto prices are high. In contrast, falling crypto prices lead to lower revenue for the exchange.
However, the revenues from subscriptions and services are less volatile. Coinbase stock price movements have roughly aligned with crypto price trends, even with the rising subscription and services revenue.
In summary, enthusiasm for crypto trading is good for the Coinbase stock. In the last 24 hours, the global crypto market cap has rallied over 1% to $3.39 trillion.
Many top cryptocurrencies are trading in the green, highlighting the bullish trend. Bitcoin (BTC), the leading market coin, has increased slightly by 0.6% to $109,021.
In the same vein, Ethereum rose 3.4% to $2,652, while XRP price surged 3.9% to $2.3.
The bullish outlook in the crypto market raises the possibility of Coinbase stock reaching Martinezs $2,000 target.
MARA, MSRT, RIOT, and HOOD Performance
Many crypto market stocks, including MARA, MSTR, RIOT, and HOOD, have benefited from the latest crypto price rebound.
Shares of Bitcoin mining firm Marathon Holdings (MARA) hovered around $17.8 during pre-market trading today. Within the past 24 hours, the value of MARA increased by 1.57%.
Likewise, Strategy stock (MSTR) climbed 1.24% to trade at $401.85 in the latest session. This rally follows a bullish report on Tuesday, July 8, 2025.
The firm reported $14 billion in total Bitcoin fair value appreciation in the second quarter of 2025. However, some volatility were recorded considering the firm temporarily paused its BTC purchases
Furthermore, Riot Platforms stock (RIOT) climbed 1.43% to trade at $11.74. Finally, shares of Robinhood Markets rallied 2.73% to $93.76.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
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