Stock Track | Coinbase Global, Inc. (COIN) Soars 5.12% Amid Rising Cryptocurrency Demand and Market Momentum

Stock Track00:48

Coinbase Global, Inc. (COIN), the largest cryptocurrency exchange platform in the United States, saw its stock price surge by 5.12% on Tuesday during the intraday trading session. This upward movement can be attributed to several key factors:

Firstly, the article mentions that Coinbase's stock is among the top momentum stocks identified by a Zacks Investment Research screen. The screen filters for stocks that have experienced significant price appreciation over the past year while also experiencing a short-term pullback, indicating potential for further gains.

Additionally, the overall cryptocurrency market has been witnessing increased demand and interest, which could be contributing to the positive sentiment surrounding Coinbase. As a leading cryptocurrency exchange platform, Coinbase is well-positioned to capitalize on this growing market.

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.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1137797435?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-12-25 00:48","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1137797435","market":"hk","top_or_hot":-1,"title":"Stock Track | Coinbase Global, Inc. (COIN) Soars 5.12% Amid Rising Cryptocurrency Demand and Market Momentum","media":"Stock Track","content":"<p>Coinbase Global, Inc. (COIN), the largest cryptocurrency exchange platform in the United States, saw its stock price surge by 5.12% on Tuesday during the intraday trading session. This upward movement can be attributed to several key factors:</p>\n\n<p>Firstly, the article mentions that Coinbase's stock is among the top momentum stocks identified by a Zacks Investment Research screen. The screen filters for stocks that have experienced significant price appreciation over the past year while also experiencing a short-term pullback, indicating potential for further gains.</p>\n\n<p>Additionally, the overall cryptocurrency market has been witnessing increased demand and interest, which could be contributing to the positive sentiment surrounding Coinbase. As a leading cryptocurrency exchange platform, Coinbase is well-positioned to capitalize on this growing market.</p>","source":"ai_movement_en","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stock Track | Coinbase Global, Inc. (COIN) Soars 5.12% Amid Rising Cryptocurrency Demand and Market Momentum</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStock Track | Coinbase Global, Inc. (COIN) Soars 5.12% Amid Rising Cryptocurrency Demand and Market Momentum\n</h2>\n\n<h4 class=\"meta\">\n\n2024-12-25 00:48 北京时间&nbsp;&nbsp;&nbsp;<strong>Stock Track</strong>\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Coinbase Global, Inc. (COIN), the largest cryptocurrency exchange platform in the United States, saw its stock price surge by 5.12% on Tuesday during the intraday trading session. This upward movement...</p>\n\n<a href=\"\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"COIN","symbol_name":"Coinbase Global, Inc.","start_time":0,"source_url":"","article_id":"1137797435","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1137797435","pubTimestamp":1735058902,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Coinbase Global, Inc. , the largest cryptocurrency exchange platform in the United States, saw its stock price surge by 5.12% on Tuesday during the intraday trading session. This upward movement can be attributed to several key factors:. Firstly, the article mentions that Coinbase's stock is among the top momentum stocks identified by a Zacks Investment Research screen. The screen filters for stocks that have experienced significant price appreciation over the past year while also experiencing a","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"COIN":"Coinbase Global, Inc."},"translate_title":"由于加密货币需求和市场势头不断增长，Coinbase Global,Inc.(COIN)飙升5.12%","themeId":"33d8bc2299ebed19b9f0d7aa4b48c13f","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"COIN":1},"content_text":"Coinbase Global, Inc. (COIN), the largest cryptocurrency exchange platform in the United States, saw its stock price surge by 5.12% on Tuesday during the intraday trading session. This upward movement can be attributed to several key factors:\nFirstly, the article mentions that Coinbase's stock is among the top momentum stocks identified by a Zacks Investment Research screen. The screen filters for stocks that have experienced significant price appreciation over the past year while also experiencing a short-term pullback, indicating potential for further gains.\nAdditionally, the overall cryptocurrency market has been witnessing increased demand and interest, which could be contributing to the positive sentiment surrounding Coinbase. As a leading cryptocurrency exchange platform, Coinbase is well-positioned to capitalize on this growing market.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"movement","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.4","shortVersion":"4.29.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1137797435"}