#CryptoStocks
The stock of Circle (CRCL) recorded a record increase of 34% after the U.S. Senate approved the GENIUS Act, boosting optimism regarding the regulation of stablecoins and the digital asset market. Observers believe this represents a new launch for a wave of cryptocurrency initial public offerings, especially with Circle's massive offering. But the question remains: Is this enthusiasm driven by real demand from investors, or is it just temporary hype?
On the other hand, the Federal Reserve kept interest rates unchanged for the fourth time, awaiting additional data to confirm slowing inflation. Forecasts indicate the possibility of two interest rate cuts during 2025. In the midst of this, Trump described Federal Reserve Chairman Powell, calling for an urgent 2% rate cut to revive the economy.