ClearStreet upgraded its rating on cryptocurrency platform Bullish to "Buy".

Odaily Planet Daily reports that ClearStreet analyst Owen Lau upgraded cryptocurrency platform Bullish's rating from "Hold" to "Buy," citing the company's growing market share and expanding product line, although he lowered his target price from $60 to $57. The analysis suggests that Bullish's share of global cryptocurrency spot trading jumped from 2.1% in the third quarter to 3.7% in November, taking away trading volume from competitors Bitget, Bybit, and Gate. Furthermore, the company's trading volume in October increased by 70% compared to the previous quarter's monthly average. (CoinDesk)