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Shares of Coinbase Closed the Week on a Positive Note

TheMotleyFool

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Shares of Coinbase Closed the Week on a Positive Note: https://g.foolcdn.com/editorial/images/709136/generic-upward-13.jpg

Shares of the large crypto exchange Coinbase (NASDAQ: COIN) rose by nearly 13% on Friday, ending a chaotic week in the crypto world.

Coinbase also received some positive sentiment from Wall Street today and rose on a day when rival exchange FTX filed for bankruptcy.

The world of crypto got flipped on its head this week after FTX, one of the world's largest crypto exchanges, ran into liquidity issues and was suddenly in desperate need of a bail out.

Source Fool.com

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