Coinbase shares are up 48% in the past month as the recent rally in Bitcoin continues. Bitcoin has climbed following the approval of several spot Bitcoin ETFs in January as institutions make large purchases and acceptance of the cryptocurrency grows. Investors may also be looking forward to the next Bitcoin halving event, likely to occur in mid to late-April.
source: https://www.benzinga.com/markets/cryptocurrency/24/02/37317417/why-coinbase-stock-is-moving-monday?utm_campaign=partner_feed&utm_source=cryptopanic.com&utm_medium=partner_feed&utm_content=site