Coinbase Global, Robinhood Markets and other crypto-related stocks slipped early Tuesday as Bitcoin’s blistering rally appeared to take a pause. The world’s largest cryptocurrency hurtled toward the $90,

While the increase in Bitcoin's value is often seen as a positive for Coinbase, the real driver of the business is trading volume -- and that's gone through the roof. After hovering between $1 billion and $2 billion per day earlier this year, volume is now $7.8 billion in the last 24 hours, as of this writing.

Coinbase, the biggest crypto exchange in the U.S., has launched its own version of a market benchmark — the Coin50. Think of it as crypto’s answer to the S&P 500. Reportedly, the index pulls in the top 50 crypto assets by market cap,