Even as the top digital asset dips below $104K, crypto-linked equities—including Coinbase, Robinhood, and major miners—are flashing green.

If the stock market rally continues, other quality companies that had put their IPO plans on hold are likely to follow,” one expert said.

The S&P 500 added a new member to its ranks, Coinbase Global (NASDAQ: COIN), the leading platform for cryptocurrency trading. Coinbase will start trading on the S&P 500 on May 19. It will replace Discover Financial (NYSE: DFS), the credit card company that is set to be acquired by Capital One Financial (NYSE: COF) on May 18.

Marcus pointed to recent regulatory changes that mean Wall Street banks can now custody and offer bitcoin to their customers while “sovereign states and corporations are competi

Crypto market makers stabilize prices by providing liquidity, aiding price discovery, and reducing volatility while posing regulatory risks.

The crypto market's rebound comes in correlation with a rise in the US stock market, where the S&P 500 has erased all of its post-reciprocal tariff losses and is now up 0.31% year-to-date (YTD), per Google Finance data.

Investors jumped on shares of Coinbase Global after the Monday night news that the crypto exchange will join the S&P 500 next week.