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

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