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1 cryptocurrency stock up 315% and I’m still buying it today
The recovery of cryptocurrencies has helped companies like CoinBase (NASDAQ: COIN) recover much of what was lost during the pandemic. Not only is business revenue increasing, but the company is benefiting from higher interest rates and now the approval of Bitcoin (CRYPTO: BTC) ETF.
In this video, Travis Hoium looks at the latest catalysts for Coinbase and explains why this is still a strong growth stock to own today.
*Stock prices used were end-of-day prices on January 12, 2024. Video was posted on January 15, 2024.
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Travis Hoium has positions in Coinbase Global. The Motley Fool has positions and recommends Bitcoin and Coinbase Global. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting his services. If you choose to sign up via their connection they will earn extra money to support their channel. Their opinions remain their own and are not influenced by The Motley Fool.
1 cryptocurrency stock up 315% and I’m still buying it today was originally published by The Motley Fool