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And growing as Coinbase’s market cap crashes the S&P 500 party. After nearly 13 years of crypto chaos, Coinbase is officially joining the S&P 500, replacing Discover Financial. Shares jumped 8% on the news, because apparently, being the cool new kid at Wall Street’s lunch table has its perks. Bitcoin hitting $104K probably didn’t hurt either.

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Tags: bitcoin, crashes, financial, party, perks

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