Coinbase's market value has surpassed the $100 billion mark for the first time

According to The Block, Coinbase, the largest cryptocurrency exchange in the United States, achieved two major milestones in Monday's trading, influenced by Bitcoin's historic high. Coinbase's stock price closed at $394.01, with its market value breaking through the $100 billion mark for the first time, reaching approximately $100.36 billion. It is reported that Coinbase's stock price has risen by 50% in the past month, driven by factors such as the successful listing of Circle Internet Group and positive changes in the regulatory environment in the United States.