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Coinbase Trades at a $77B Valuation as BTC Heads Towards a $1T Market Cap

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Today’s episode of “The Breakdown” analyzes a number of topics across the bitcoin and crypto industry, including:

  • Bitcoin reclaims $50,000 and looks towards a $1 trillion market cap
  • Treasury yields rise, hammering gold but so far having no impact on BTC
  • Bitwise launches a new DeFi index fund for accredited and institutional investors
  • Christie’s is auctioning off NFTs
  • Coinbase is trading at a $77 billion valuation on the private markets
-- Earn up to 12% APY on Bitcoin, Ethereum, USD, EUR, GBP, Stablecoins & more. Get started at nexo.io -- Enjoying this content?   SUBSCRIBE to the Podcast Apple:  https://podcasts.apple.com/podcast/id1438693620?at=1000lSDb Spotify: https://open.spotify.com/show/538vuul1PuorUDwgkC8JWF?si=ddSvD-HST2e_E7wgxcjtfQ Google: https://podcasts.google.com/feed/aHR0cHM6Ly9ubHdjcnlwdG8ubGlic3luLmNvbS9yc3M=   Follow on Twitter: NLW: https://twitter.com/nlw Breakdown: https://twitter.com/BreakdownNLW   The Breakdown is produced and distributed by CoinDesk.com
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