Coinbase leads the pack in crypto equities performance YTD
The prominent cryptocurrency exchange Coinbase leads crypto equities performance — with Coinbase stock price up 142% YTD.
Quick Take
- Looking at some of the top cryptocurrency stock’s performance since July 2021 and year-to-date (YTD).
- All stocks identified have been down since July 2021 — Tesla has been the best performer, down only 7% within that time frame.
- The worst offender has been SIlvergate Bank — down 82% — having faced issues in recent weeks but most recently when the DOJ probed Silvergate over FTX and Alameda ties. However, Silvergate share price did increase due to Blackrock adding more shares to its portfolio in the last few days.
YTD Performance
- Coinbase: +142%
- Microstrategy: +101%
- Tesla: +74%
- Robinhood: +38%
- Square: +37%
- Silvergate Bank: +21%
- Paypal: +17%
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