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Coinbase Global Inc (NASDAQ:COIN) shares are trading higher Tuesday. The stock is riding a wave of momentum from a broad cryptocurrency market rally.
Crypto Market Gains Steam
The total crypto market cap rose 4.74% to $2.56 trillion. Bitcoin (CRYPTO: BTC) climbed 5.19% over the last 24 hours, trading near $75,526. Ethereum (CRYPTO: ETH) followed with a 7.13% gain.
This surge provides a strong tailwind for the exchange operator.
Geopolitical Hopes Fuel Risk Appetite
Optimism is rising over a potential U.S.-Iran ceasefire. Vice President JD Vance hinted at a diplomatic breakthrough.
Vance stated a “very, very good …
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