On July 16, 2025, Coinbase and Strategy achieved milestone records in their stock performance coinciding with significant surges in cryptocurrency prices. Coinbase's stock reached a peak of $405.88, marking its highest price ever, and closed with a market capitalization of $101.42 billion, an all-time high for the exchange. This uptick is attributed to the recent bullish movements in Bitcoin, which has set multiple all-time highs, alongside notable gains in Ethereum and XRP, both of which increased over 20% weekly. Similarly, Strategy, the leading corporate holder of Bitcoin, also set a record market cap above $128 billion, despite not achieving an all-time high stock price itself. Other cryptocurrency-linked firms, including those focused on Ethereum and Solana, witnessed substantial prices spikes, further indicating a robust market environment. Amidst these developments, major stock indices like the S&P 500 and Nasdaq also saw upward movements, reflecting positive sentiments in the broader market.

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