Movement Alert｜Coinbase Global, Inc. Rises 3.06% in Regular Trading as Cryptocurrency Stocks Rebound

Market Focus

Yesterday

On October 9, Coinbase Global, Inc. rose 5.04% in regular trading, trading at $179.74/share, with Turnover of $427 million.

The move came as U.S. cryptocurrency-related stocks gained broadly, with Circle up more than 6%, Strategy and Coinbase up more than 4%, and Robinhood up more than 2%. Henri Arslanian of Nine Blocks Capital Management noted that the rebound was driven by improving sentiment around digital asset regulation and institutional adoption.

Morgan Stanley raised its price target on Coinbase to $258 from $250, maintaining an overweight rating, while Jefferies lifted its target to $183 from $150. Analysts polled by FactSet have an average rating of overweight and mean price target of $213.06.

Coinbase also recently obtained a license from the Abu Dhabi Global Market's Financial Services Regulatory Authority to arrange transactions and provide tokenized securities custody services, reinforcing its international institutional expansion.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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Rises 3.06% in Regular Trading as Cryptocurrency Stocks Rebound\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1054767329\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/51943b2858f75e05ca2ebb144b4e626a);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Market Focus </p>\n<p class=\"h-time\">2026-10-09 22:27</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p><p>On October 9, Coinbase Global, Inc. rose 5.04% in regular trading, trading at $179.74/share, with Turnover of $427 million.</p><p>The move came as U.S. cryptocurrency-related stocks gained broadly, with Circle up more than 6%, Strategy and Coinbase up more than 4%, and Robinhood up more than 2%. 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