Friday's rally in both bitcoin and Coinbase shares reflected that dynamic, with traders repricing expectations for the central bank's next policy move following the disappointing employment figures. Prediction market Polymarket had assigned Coinbase roughly a 73% probability of reaching $165 at some point during August, reflecting a degree of continued investor optimism even amid the stock's recent volatility. That regulatory uncertainty has continued to weigh on sentiment toward Coinbase shares even as the underlying cryptocurrency market has shown periods of strength. Mixed Signals From Wall StreetAnalyst sentiment toward Coinbase has remained somewhat divided in the weeks since the company's earnings report. A Volatile Backdrop for BitcoinBeyond the domestic jobs data, bitcoin's price action this week has also been shaped by broader geopolitical developments.