Coinbase's market value surpasses $100 billion for the first time

According to Golden Finance, following Bitcoin's historic high this weekend, the largest cryptocurrency exchange in the United States achieved two significant milestones during Monday's trading session. Coinbase's stock price closed the day up 1.8% to $394.01 per share, setting a new historical closing high and briefly hitting a high of $398.50 during trading. Coinbase's current market value is approximately $100.36 billion, marking the first time the cryptocurrency exchange's market value has reached this level.