Coinbase Thrives Amid Federal Shutdown and Market Shift

NEW YORK, NY – Coinbase Global, a leading cryptocurrency exchange, is experiencing significant growth even as the federal government shut down on October 1, 2025. Investors had anticipated this shutdown due to the stalemate between Republicans and Democrats, leading to a downturn in major financial stocks early in the week.

In response to the shutdown, many investors are shifting their focus toward cryptocurrency, with Bitcoin showing an increase of 3% on Wednesday. While financial stocks typically face challenges during a shutdown, Coinbase appears to be thriving as more people look to secure trading assets.

Coinbase has over $425 billion in assets on its platform and recorded a trading volume of $237 billion in the last quarter. The company reported $1.42 billion in net revenue for the second quarter, a slight increase from $1.38 billion the previous year, and witnessed a staggering net income growth of 200% over three years.

Analysts remain optimistic about Coinbase, with half of the 34 covering the stock rating it a strong buy. The consensus price target is set at $371, suggesting a potential increase of 7%. One optimistic analyst even set a price target of $510, indicating an upside of 43%.

Coinbase’s business model has garnered attention as well, particularly its Coinbase One Basic subscription that offers zero-fee trades for $5 a month. This business approach mirrors the success of Robinhood Markets‘ premium subscription.

As the shutdown continues, Coinbase’s membership plan and rising trading interest may serve as a safeguard for investors looking to navigate the financial turbulence. Patrick Sanders, a stock market analyst at The Motley Fool, emphasized the potential of Coinbase during this time, stating, ‘It could be an ideal place to help protect your portfolio during the shutdown.’