#CryptoStocks
๐ Market Snapshot
Bitcoin (BTC) is currently trading around $104,321, down slightly today.
Ethereum (ETH) stands at approximately $2,510, showing modest intraday gains.
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๐ฆ Highlights on Coinbase (Ticker: COIN)
Stock Price Surge: Shares recently jumped to $295.29, a gain of ~16% following the Senateโs passage of the GENIUS Act and announcement of USDC payment services .
Volume & Sentiment: The trading volume has surged (~37M shares), signaling strong investor interest.
Strategic Moves:
Coinbase seeks SEC approval for tokenized equities, which would enable 24/7 trading of blockchain-based stocks.
The company has faced headwinds earlier in 2025 (cyberattack costs, SEC scrutiny), though inclusion in the S&P 500 offers a bullish catalyst
