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Coinbase shrugs off site crash as shares of the top U.S. crypto exchange surge

Shares of Coinbase Global, the biggest U.S. cryptocurrency exchange, have nearly doubled over the last month—and were up some 265% over the last year—through trading on Monday, which saw the biggest single-day gain since January 2022. The stock closed at $229.15 after reaching as high as $236.46. Shares within the last year had fallen to as low as $46.43. Investors are eyeing Coinbase thanks to the wider crypto rally, which has seen Bitcoin climb 54% this year to surpass $67,000 on Monday, edgin...

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