Coinbase stock soars as crypto markets rally, bitcoin extends gains

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Coinbase stock soars as crypto markets rally, bitcoin extends gains
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Coinbase soars 10% as crypto markets rally and bitcoin notches highest price since September

Coinbase surged more than 10% on Tuesday, trading at $53 per share as the wider crypto market enjoys a week-long rally.

Industry execs say they believe market jitters are likely over after the downfall of Sam Bankman-Fried's crypto empire FTX.

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