# Coinbase Reaches $100B Market Cap

*Author: Bankless*
*Published: Jul 15, 2025*
*Source: https://www.bankless.com/read/coinbase-reaches-100b-market-cap*

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Coinbase’s stock surged past **$100 billion** in market capitalization for the first time Tuesday, buoyed by Bitcoin’s fresh all-time highs and pro-crypto momentum in Washington.

### What’s the Scoop?
- **Milestone Market Cap:** COIN stock climbed to record levels—briefly topping $100B—as the crypto-focused rally continued.
- **Bitcoin Connection:** Bitcoin surged past $120K, adding tailwinds to crypto equities amid Republican-led “Crypto Week.”
- **Regulatory Optimism:** Confidence is growing following the SEC’s closure of its lawsuit and the introduction of crypto-friendly bills like the GENIUS and Clarity Acts.
- **Analyst Bullishness:** Firms like Oppenheimer and Argus lifted COIN price targets into the $400–$420 range, citing Coinbase’s strategic positioning in stablecoins and tokenized equities.
- **Risks Remain:** Earnings due July 31 and larger macro trends could cap gains—but shareholders remain upbeat, even brushing off past cyberattack and SEC concerns.
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