#CryptoStocks
Today's Crypto-Related Stock Movers
1. Stablecoin regulation boosts Coinbase & Circle
Circle (CRCL) stock surged ~16% after the U.S. Senate passed the bipartisan “GENIUS Act,” establishing stronger reserve and reporting rules for stablecoins; shares jumped from IPO highs to about $173.60 .
Coinbase (COIN) gained 16–17%, now trading near $297–$299, riding optimism from the same bill and new USDC payment infrastructure integration .
2. Crypto majors & miners under pressure
Bitcoin itself barely budged (~flat around $105K) amid global tensions and upcoming Fed decisions .
MicroStrategy (MSTR) issued $1 billion in preferred shares to finance ~10,100 more BTC (now holding ~592,100 BTC), earning a “Buy” rating with ~60% upside potential .
Mining stocks like CleanSpark (CLSK) and Riot Platforms (RIOT) have been big winners in early 2025, with double-digit rallies linked to Bitcoin momentum .