Coinbase jumps 6% after Compass Point upgrade ahead of CLARITY Act vote
- —Coinbase +6% to $185.34 after Compass Point upgrade to Neutral
- —Strategy +3% to $135.20, MARA -2% to $11.69 after JPMorgan downgrade
- —IBIT rose 1%, while SPY fell 0.8%
- —Engel expects the CLARITY Act vote to fail, with a COIN price target of $177
Why it matters: The Senate vote on the CLARITY Act this week is a key catalyst for crypto stocks and the broader industry.
Source: Yahoo Finance Crypto