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 stock price was trading at 52-week highs on Monday as cryptocurrency markets were trading bullish.

In a surprising turn for the cryptocurrency market, Ethereum (ETH) surged 25% in its largest three-day rally of 2024, coinciding with the election of Donald Trump as the U.S. President.

Coinbase Stock Closed 5.4 percent higher today at $216.10. The stock touched intraday high of $218 and a low of $210.50.

India, as one of the fastest-developing economies, has witnessed a dramatic rise in the popularity of cryptocurrency trading, especially amongst its more youthful generation.

Bitcoin and other cryptocurrencies are finally showing strength and a move above $70,000 levels is possible.