$BTC

The US crypto week market is hot, with the price of Bitcoin futures, represented by those listed on Nasdaq, breaking historical highs, and strong momentum significantly boosting related 'coin stocks'. Stablecoin issuer concept stocks like PayPal (which launched PYUSD) are receiving market attention, as their move into stablecoins as a traditional financial giant is seen as an important endorsement for the industry. The stock price of leading cryptocurrency exchange Coinbase has surged significantly, benefiting directly from the spike in trading volume and institutional capital inflow brought about by the rise in Bitcoin prices as it serves as a major Bitcoin spot ETF custodian and trading platform. Overall market sentiment is high, as traditional financial institutions accelerate their entry through compliant products (such as Bitcoin ETFs and futures), driving the Bitcoin price and related US stocks to strengthen, reflecting the deepening integration of cryptocurrencies with traditional financial markets and investors' optimistic expectations for the industry's prospects.