Bank of America has upgraded Coinbase, citing the continued adoption of cryptocurrency. According to reports, the upgrade comes after a pullback. The bank highlighted infrastructure revenue, including Base and derivatives, as potential buffers against trading volatility. The upgrade suggests a positive outlook on Coinbase's future, despite market fluctuations, based on the growth of crypto adoption and diversification of revenue streams.

Bank of America has upgraded Coinbase, citing the continued adoption of cryptocurrency. According to reports, the upgrade comes after a pullback. The bank highlighted infrastructure revenue, including Base and derivatives, as potential buffers against trading volatility. The upgrade suggests a positive outlook on Coinbase's future, despite market fluctuations, based on the growth of crypto adoption and diversification of revenue streams.