The crypto market went a little crazy this week as Bitcoin (BTC 1.74%) topped $70,000 for the first time and hundreds of millions of dollars flowed into Bitcoin ETFs. Almost every altcoin followed the big gains, as did publicly traded crypto companies.
Coinbase (COIN 5.77%) was the biggest winner on the stock market, rising as much as 31.5% this week and closing up 24.7%, according to data provided by S&P Global Market Intelligence. On the crypto side, Solana (SOL 0.18%) jumped as much as 16.6% since last Friday and Near Protocol (NEAR 4.06%) was up 43.9% at its peak. The tokens are up 12.6% and 40.3%, respectively, as of market close on Wall Street.
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Coinbase is the week’s big winner
The one company that has exposure to almost all of the trends in crypto right now is Coinbase. Its exchange has seen demand explode in recent weeks as volume rises, and it’s also the custodian for most of the Bitcoin ETFs…
