Cryptocurrency-related stocks are on fire. Circle (CRCL) surged by 27% after the Senate approved the GENIUS bill, rising from $31 to nearly $190; its market capitalization has already exceeded $32 billion. Meanwhile, Coinbase increased by 11% - 17%, leading the S&P due to new regulations and its USDC payment technology.
Also on the radar are Bitcoin-related stocks: Riot, CleanSpark, Marathon, and MicroStrategy have risen by 13% - 18% this year as the cryptocurrency market matures.