Coinbase has introduced the Coinbase 50 Index (COIN50), a new benchmark designed to track the performance of the top 50 digital assets in the cryptocurrency market.

Coinbase stock price was trading at 52-week highs on Monday as cryptocurrency markets were trading bullish.

Coinbase Global stock price jumped 6 percent on Friday and the price currently hovers around 52-week high for the stock.

Coinbase Stock Closed 5.4 percent higher today at $216.10. The stock touched intraday high of $218 and a low of $210.50.

Coinbase Stock declined by 2.95 percent on Monday as Bitcoin and other cryptocurrencies were trading low after witnessing a rally over the last few days.

Coinbase (COIN) stock price is directly linked to the market sentiment in cryptocurrency segment and with recent rally in Bitcoin and other cryptocurrencies, Coinbase stock has been showing bullish