#CryptoStocks Update – June 18, 2025

Coinbase (COIN) jumped 16% to $295 after the U.S. Senate passed the GENIUS Act, a bill supporting stablecoins like USDC. As a major player in the space, Coinbase is gaining investor attention.

Bitcoin (BTC) is steady near $104,700, and Ethereum (ETH) is trading around $2,520, with market sentiment neutral due to macroeconomic concerns.

Circle, issuer of USDC, also saw major gains, while older mining stocks like Riot and Hive continue to slide.

👉 Key Takeaway: Regulatory clarity is pushing crypto stocks up—but ETF competition and market uncertainty still weigh on the broader sector.