COIN Jumps 5%, HOOD Gains 4%, BTC Challenges $100K as SEC Set to Drop Case Against Coinbase
2025-07-04 02:20:09
Description
Coinbase (COIN) shares jumped 5% ahead of Friday market opening on news that the U.S. Securities and Exchange Commission (SEC) is poised to drop charges against the crypto exchange.The broader crypto market was also climbing higher with bitcoin (BTC) nearing $100,000 for the first time since early February. The Coindesk 20 Index, a broad-market benhmark, was up 1.7% over the past 24 hours. Tokens that the SEC characterized as securities in previous lawsuits initiated under former chair Gary Gens...
$BTC
$108765.9
--0.43%
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