Coinbase stock was trading firm on Friday as majority of cryptocurrencies were trading positive today. BTC briefly traded above $64,000 but then declined in 63,500 range.
In a turbulent trading session following a contentious U.S. presidential debate, cryptocurrency-related stocks saw notable early losses before rallying towards the close.
Shares of cryptocurrency-related stocks, including Coinbase Global and MicroStrategy, rallied on Monday, tracking Bitcoin's recovery after a brief slump.
Barclays Research has upgraded its outlook on Coinbase (COIN) and Robinhood (HOOD), citing improvements in their business models and financial standing.
The upcoming "Stand with Crypto Day" in Washington D.C. on Sept. 18 is set to spotlight the growing influence of the cryptocurrency sector in U.S. politics.
