Coinbase stock price has key tailwinds in 2025: is it a buy?
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Coinbase's stock price has rebounded over the past two years, driven by the growth of the cryptocurrency industry. The stock hit a low of $31.80 in 2023 during the FTX crisis.
January 19, 2025 | 5:00 am
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Coinbase's stock has shown resilience, recovering from a low of $31.80 in 2023 due to the FTX crisis, supported by the broader growth in the cryptocurrency sector.
The article highlights Coinbase's recovery from a significant low in 2023, attributing its rebound to the growth of the cryptocurrency industry. This suggests a positive outlook for the stock, especially if the industry continues to expand.
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