Cryptocurrency exchange Coinbase has achieved a historic $100.36 billion market capitalization milestone, closing at $394.01 per share on July 13, 2025 – a 1.8% daily gain marking its highest valuation since its April 2021 IPO. This surge coincided with Bitcoin reaching unprecedented all-time highs, fueling a broader crypto market bull run.
The milestone, driven by Coinbase stock climbing 50% in recent weeks and hitting an intraday peak of $398.50, reflects heightened institutional and retail confidence in digital assets. Coinbase President Emilie Choi attributed the growth to "our team's dedication to fostering crypto adoption," while analysts cite Bitcoin's dominance, macroeconomic hedging demand, and regulatory clarity as key catalysts. The achievement solidifies Coinbase's position as a bridge between traditional finance and digital assets, though challenges like market volatility and evolving regulations persist.