$USDC $USDC After the passage of the GENIUS Act in the USA, which regulates stablecoins, the stocks of companies related to crypto have risen. Shares of Circle, the issuer of USDC, increased by 16–27%, while Coinbase rose by up to +17%. This triggered a rise in the value of Bitcoin, which reached record highs of over $109,000. Ethereum and other top cryptocurrencies also gained in price due to increased institutional interest. The law became a catalyst for optimism in the market and contributed to the short-term growth of crypto assets.
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