Coinbase IPO Saw Bitcoin Rally 1,200% Before 50% Pullback; S&P 500 Up 50% Ahead of SpaceX Listing

BTC0.91%
US5000.23%
US500200.23%
According to BlockBeats, Coinbase's April 14, 2021 IPO provides a historical reference point for evaluating potential market impacts. Prior to the IPO, bitcoin surged over 1,200% from March 2020. Following the listing, bitcoin experienced a sharp 50% correction. Currently, the S&P 500 has risen more than 50% over the past year, matching the bull-run magnitude before Coinbase's debut.
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