Bitcoin and ether set fresh record highs ahead of landmark Coinbase listing

LONDON — Bitcoin and other cryptocurrencies surged to new heights Wednesday, with the most popular coin breaking above $64,000 before Coinbase's highly anticipated stock market debut, before fading in afternoon trading.The world's most valuable digital coin rallied to an all-time high of $64,841 Wednesday morning, according to data from Coin Metrics. The price of ether, the second-biggest token by market value, briefly touched the $2,400 level for the first time ever.Bitcoin pared gains later in the day as Coinbase's initial pop faded, with the cryptocurrency trading near $62,000. Ether was fell back to roughly $2,330. Coinbase, the largest crypto exchange in the United States, began trading shortly before 1:30 p.m. ET at $381 per share, giving it a market cap of roughly $100 billion, but fell during the afternoon to trade at $328 per share. The Nasdaq gave Coinbase a reference price of $250 a share.Coinbase is the largest cryptocurrency…

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