Coinbase stock ended the trading session almost flat after opening at $322.08 and touching intraday high of $327.24. The stock is still hovering around its yearly high at $334.86.
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Coinbase stock price was down by 3.5 percent on Wednesday while Bitcoin witnessed another rally to all-time high above $93,400. Bitcoin was trading strong compared to other cryptocurrencies.
Coinbase has introduced the Coinbase 50 Index (COIN50), a new benchmark designed to track the performance of the top 50 digital assets in the cryptocurrency market.
