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Summary: ⚈ Coinbase stock jumped 9.34% after news of S&P 500 inclusion ⚈ Wall Street average 12-month price target now stands at $255.10 ⚈ Several analysts raised targets following crypto rally and trade deal news Coinbase (NASDAQ: COIN) flew high in the night between May 12 and May 13, 2025, as the world’s biggest publicly-traded cryptocurrency exchange is set to join the S&P 500. COIN shares’ extended session rally, which amounts to 9.34% by press time on Tuesday and has taken equity from its latest closing price of $207.22 to $226.57, is even threatening to invalidate the already-bullish Wall Street 12-month COIN forecasts. COIN stock one-day price chart with May 13 pre-market. Source: Google The analysts represented on the stock Analysis platform TipRanks see Coinbase as a moderate ‘buy’ on average , with 11 positive recommendations, 12 neutral experts, and no ‘sell’ ratings. The cautiously positive outlook is also evident in the price targe...

As Bitcoin (BTC) consolidates above $80,000 amid a broader equity market sell-off, a renowned cryptocurrency analyst has shared a cautiously optimistic outlook for the asset this April. To this end, pseudonymous analyst PlanB has stated that investors should note that Bitcoin’s recent price decline has nothing to do with internal cryptocurrency dynamics but broader economic factors, such as uncertainty surrounding President Donald Trump’s tariff policies, he said in a YouTube video on April 6. According to the expert, Bitcoin’s trajectory this month will hinge on a broader market recovery, mainly on how the S&P 500 responds to the economic uncertainty tied to Trump’s tariff stance.  Interestingly, as reported by Finbold, Bitcoin has primarily remained stable despite the stock market experiencing a massive price wipeout due to tariff-related fears. PlanB noted that if the S&P rebounds to 6,000, Bitcoin could surpass $100,000 agai...

The S&P 500 is attempting a recovery, but Bitcoin and select altcoins are struggling to break above their respective resistance levels. Bitcoin (BTC) is down about 11% in August, just shy of the 13.88% fall seen in the corresponding month in 2022, according to CoinGlass data. The picture does not look very bright for September either. History shows that every year since 2017, Bitcoin has declined in September.  Bloomberg Intelligence senior macro strategist Mike McGlone is even more bearish on Bitcoin. While speaking to Kitco News, McGlone warned that in case of a “global economic reset,” Bitcoin could nosedive to as low as $10,000. Daily cryptocurrency market performance. Source: Coin360 Although analysts have been giving both bullish and bearish targets, it is better to wait for the price to break out of the range before taking large bets. Typically, after a low volatile period, the volatility picks up but it is difficult to predict the direction of the breakout with certainty. ...