Coinbase Global stock opened the trading session at $316.90 and touched an intraday high at $326.3. The stock was trading around $315 levels at the market close.

Markets turned bearish on cryptocurrency related stocks on Monday with Coinbase Global, Robinhood Markets, Marathon Holdings and MicroStrategy Incorporated facing selling pressure.

Coinbase Global gained 2 percent as cryptocurrencies witnessed a recovery after a highly volatile session on Monday. Bitcoin, Ethereum and Solana faced massive selling pressure at higher levels.

Premarket trades in Rivian, Mersana Therapeutics, MicroStrategy (MSTR) and Honest Company after positive news, have led to decent returns for investors holding these stocks.

Bitcoin has been showcasing strongly bullish trends and five stocks witnessed strength whenever cryptocurrency markets gain.

Coinbase and Marathon Digital Holdings stocks were trading with impressive gains on Columbus Day as Nasdaq was trading nearly 1.2 percent higher.