Coinbase Stock Outperforms Bitcoin as Traders Watch Hedge Fund Short Positions

The post Coinbase Stock Outperforms Bitcoin as Traders Watch Hedge Fund Short Positions appeared first on Coinpedia Fintech News

Coinbase stock has outperformed Bitcoin over the past month, rising about 8% in the last 30 days and nearly 9% over the past week, while Bitcoin gained around 3% over the month and remained largely flat week over week. Analysts say Bitcoin’s recovery has been driven mainly by short covering, with fresh inflows beginning to …