– COIN (Coinbase) increased by ~16% to $295 after the GENIUS Act was passed by the Senate, paving the way for stablecoins and crypto payments on the Coinbase platform.
– CRCL (Circle) increased by ~16–34%, with a market capitalization reaching nearly $174–200, showing strong momentum after the IPO and new stablecoin legislation.
– In contrast, traditional stocks like Visa and Mastercard fell by 4–5%, as capital flows shifted towards the crypto financial sector.