Cryptocurrency Q&A
What is Coinbase's market cap?
What is Coinbase's market cap?
Daniela
Sat Jul 20 2024
|
7 answers
1672
As a keen observer of the cryptocurrency landscape, I'm always interested in the financial performance and standing of major players in the industry. One such company that has captured my attention is Coinbase. So, my question today is quite straightforward: What is Coinbase's market capitalization? This metric serves as a crucial indicator of a company's overall value and financial health, and for a leading cryptocurrency exchange, it's especially important. I'm curious to know how Coinbase stacks up against its competitors and whether its market cap has been growing steadily or experiencing any fluctuations.
7 answers
Carolina
Sun Jul 21 2024
This decline translates to a compound annual growth rate of -3.50%, indicating a slight downturn in the company's market performance.
Was this helpful?
370
46
HallyuHero
Sun Jul 21 2024
Coinbase holds a significant market capitalization or net worth, amounting to $58.32 billion as recorded on June 18, 2024.
Was this helpful?
74
40
Maria
Sun Jul 21 2024
Despite these fluctuations, investors and analysts alike can still view and export Coinbase's market data, tracing its trajectory back to 2021.
Was this helpful?
192
24
DondaejiDelightfulCharmingSmile
Sun Jul 21 2024
Over the past year, Coinbase's market cap has experienced a remarkable surge, registering a growth of 366.67%.
Was this helpful?
131
71
CryptoTamer
Sun Jul 21 2024
However, despite this impressive increase, since its IPO on April 14, 2021, Coinbase's market cap has seen a slight dip.
Was this helpful?
310
90
Load 5 more related questions
