Why Shares of Coinbase Are Rising Today

Shares of the large U.S. crypto exchange Coinbase (NASDAQ: COIN) are trading roughly 5.5% higher as of 10:57 a.m. ET today after the company recently joined the Fortune 500 list and as the broader crypto market rises.

The price of Bitcoin traded about 2.7% higher over the last 24 hours, which boosted a good chunk of the crypto market.

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Source Fool.com