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Coinbase Crushes S&P 500 With Stellar 43% June Surge as Stablecoin Hype Heats Up

Coinbase Crushes S&P 500 With Stellar 43% June Surge as Stablecoin Hype Heats Up

Author:
Coindesk
Published:
2025-06-28 17:29:45
10
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Coinbase Outpaces S&P 500 With 43% June Rise as Stablecoin Narrative Grows: CNBC

Wall Street’s playing catch-up while crypto eats its lunch. Coinbase stock just ripped past traditional markets with a jaw-dropping 43% June rally—fueled by the unstoppable stablecoin wave.


The New Safe Haven?
Forget Treasury bonds—traders are piling into dollar-pegged crypto as the ultimate hedge. And Coinbase? It’s cashing in while banks scramble to keep up.


The Cynic’s Take:
Meanwhile, your financial advisor still thinks ‘blockchain’ is a new type of ski binding. Some things never change.

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