#CryptoStocks CryptoStocks Soar Upward Thanks to New US Regulations! 📈🇺🇸
Cryptocurrency stocks are experiencing a strong surge today driven by positive regulatory news:
🔷 Circle (CRCL):
The stock recorded a jump of +16% after the US Senate passed the GENIUS Act, which paves the way for comprehensive regulation of stablecoins.
The news boosted confidence in the USDC project and its future transparency. 💵✅
🔷 Coinbase (COIN):
The stock rose by +17% supported by the same law, in addition to Coinbase launching a USDC payment feature via Shopify, which enhances its use as a global payment platform. 🛍️⚡
🔷 General Indicators:
Despite the interest rate being held steady, crypto stocks are leading the momentum in the market, while other markets remain stable. 🏦🧘♂️