Bybit TradFi x Crypto Report: Is Coinbase overhyped? Topline growth as a result of friendlier regulation should be the focus

Following Bybit Research’s coverage of CRCL shares, attention now shifts to another standout in the US crypto equity space—Coinbase (NASDAQ: COIN). With a year-to-date return of 42%, COIN has not only outpaced major market indices but has also significantly outperformed Bitcoin’s 13.5% gain over the same period.

Trade with Bybit on the movements of COIN.

Is the valuation of COIN looking frothy?