Coinbase stock climbed on September 30 as cryptocurrency prices moved higher, backed by strong institutional activity and commentary from regulators.
The stock is also boosted by news that its Bitcoin-backed loan service on Morpho has crossed $1 billion in managed assets.
Coinbase Stock Performance and Market Outlook
Coinbase (COIN) stock moved higher after gaining 2.74% in the morning session. The shares trade at $346.73 in pre-market, compared to the previous close of $337.49.
The company’s stock has been volatile, recording 59 price swings of more than 5% in the past year.
At $330.23 per share, Coinbase is still 21.3% below its 52-week high of $419.78 reached in July 2025. Even so, it has gained 28.4% since the start of the year.
Coinbase Stock Outlook | Source: Google Finance
The rise in Coinbase (COIN) stock comes as the wider cryptocurrency market strengthens. The total market value of digital assets increased by 2.5% to $3.86 trillion.
Bitcoin price moved above
We współpracy z: https://www.thecoinrepublic.com/2025/10/01/why-is-coinbase-stock-soaring-today/
