CoinOtag
2025-11-27 16:06:16

Ark Invest Buys Coinbase Shares as Bitcoin Tops $90K Amid Potential Fed Rate Cut

Ark Invest recently purchased $16.5 million worth of Coinbase (COIN) shares, signaling confidence in the cryptocurrency exchange amid U.S. market recovery from the government shutdown. This investment across three ETFs highlights growing liquidity and positive sentiment toward crypto assets as Bitcoin surpasses $90,000. U.S. liquidity hit a multi-year low of $5.56 trillion during the shutdown, [...]

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