#CryptoStocks
📈 on the Rise!
U.S. crypto stocks surged after the Senate passed the GENIUS Act, paving the way for a regulatory framework on stablecoins.
Coinbase (COIN) jumped 17%, with a 24-hour gain of 16%, driven by strong USDC revenue.
Circle (CRCL) skyrocketed 34%, now up 400% since its June IPO, fueled by USDC adoption.
Galaxy Digital (GLXY) saw strong buying momentum amid ecosystem updates.
Metaplanet (MTPLF) reached a 12-year high, and MicroStrategy (MSTR) rallied on Bitcoin exposure.
Despite the bullish momentum, geopolitical tensions and potential House delays on the bill could introduce volatility.
Analysts view stablecoin regulation as a positive tailwind for Bitcoin, but advise investors to stay alert amid ongoing regulatory and market risks.