Coinbase Global (COIN) is on the move higher as shares rise by over 6% Friday morning. The cryptocurrency exchange reported third quarter results after Thursday's closing bell, missing earnings and guidance estimates while turning a profit for the quarter.

Seana Smith and Alexandra Canal examine Coinbase's post-earnings stock reaction as the crypto space and bitcoin (BTC-USD) have rallied leading up to next week's US presidential election.

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This post was written by Luke Carberry Mogan.