Coinbase Stock Price Rises 18% Following Trump Meeting
2026-08-20 19:04:09
According to CoinMeta, the stock price of Coinbase has risen by 18% in the past 24 hours, closing at $160.20, an increase of 9.55% from the previous trading day. Following Trump's crypto meeting at the White House, the stock price of Coinbase continued to rise, driven by the rebound in Bitcoin and hopes for regulation. Coinbase CEO Brian Armstrong called on Congress to pass a "fair version" of clear legislation at the meeting to establish clear rules for digital assets. Although the legislation is still delayed in the Senate, it is expected that legislators will revisit it after the August recess. The regulatory certainty of Coinbase may make it easier to expand trading products and services while reducing legal uncertainties. The rebound in Bitcoin also provided support, and on Wednesday, the price of BTC broke through $68,000.
Bullish 0
Bearish 0
Source:Coinpaper
This content is for market information only and does not constitute investment advice.