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Coinbase Shares Surge 9.8% After JPMorgan Upgrade
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Ishika Kumari10-26

Coinbase Shares Surge 9.8% After JPMorgan Upgrade

Coinbase stock rose 9.82% to $354.46 following a rating upgrade from JPMorgan Chase. The upgrade cites revenue potential from the Base layer-2 blockchain and proposed changes to USDC interest distribution that could add $374 million in annual earnings, according to JPMorgan.
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