Coinbase Stock Jumps as Bitcoin Prices Soar, Analysts Forecast a Much Higher Target

Quick Summary:

Analysts are forecasting a higher price target of around $380 over 12 months for Coinbase, with nine experts tipping a buy recommendation.

He has vowed to allow all future Bitcoin to be mined in the U.S.and for the country to become the “crypto capital of the planet.

Since crypto-friendly Donald Trump won the U.S.presidential election last week, the stock has jumped 67%.

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Article Details

Author / Journalist: Mathew Di Salvo

Category: Crypto

Markets: Estonia

Topics: Coinbase Coin Markets Bitcoin

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-11 @ 23:23:05 (2 days ago)

News Timezone: GMT +8:00

News Source URL: decrypt.co

Language: English

Article Length: 384 words

Reading Time: 3 minutes read

Sentences: 17 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Decrypt

News ID: 23534524

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About Decrypt

Main Topics: Crypto

Official Website: decrypt.co

Update Frequency: 7 posts per day

Year Established: 2018

Headquarters: Estonia

News Last Updated: 9 hours ago

Coverage Areas: Estonia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #63

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