Coinbase Explodes 47% Ahead Of S&P 500 Debut – Charts Flash Bullish Breakout
Posted On May 14, 2025
Coinbase Global Inc. (NASDAQ:COIN) is enjoying a breakout moment – on the chart and in the headlines.
Shares of the crypto exchange have soared nearly 47% over the past month, outpacing Bitcoin’s 22% gain and leaving the S&P 500’s 9% rally in the dust.
The catalyst? A one-two punch: its upcoming May 19 inclusion into the S&P 500 and its acquisition of crypto options giant Deribit.
Read Also: Coinbase CEO Brian Armstrong Invites DOGE Staff To ‘Create A More Efficient Financial System’
Coinbase’s technical setup is also lighting up.
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