COINBASE HITS $100B MARKET CAP AS BTC BREAKS $122K ATH

Summary from the TLDR Crypto newsletter

Coinbase closed at an all-time high of $394.01 on Monday, pushing its market cap past $100 billion for the first time. The exchange's momentum is driven by bullish macro conditions, Circle's IPO, and its recent S&P 500 inclusion. Bernstein has labeled Coinbase the “Amazon of crypto financial services” with a $510 price target.