Circle Stock Surges on GENIUS Act; Trump Champions Crypto Amid Geopolitical Uncertainty

Circle’s stock price jumped after the passage of the GENIUS Act, while Donald Trump intensified his calls for definitive pro-crypto legislation in the US. The global crypto market surged with heightened volatility as tensions in the Middle East and key monetary policy decisions keep investors on edge.

GENIUS Act Ignites Circle Stock Rally

Circle was thrust into the spotlight as its stock experienced a noteworthy surge. The momentum was largely fueled by the US House’s approval of the GENIUS Act—a piece of legislation Trump openly supports and urges to be pushed through the House. The Act’s progression has renewed hope for a more accommodating environment for digital asset companies, driving optimism across crypto equities. Circle’s rally was mirrored by similar upbeat movements among other stocks with crypto exposure, demonstrating Wall Street’s renewed appetite for digital finance innovation.

Crypto Prices Volatile Amid Global Tensions and Fed Posture

Persistent volatility continues to define crypto markets as the Israel-Iran conflict escalates, creating uncertainty for traders and long-term investors alike. Meanwhile, the US Federal Reserve has adopted a cautious ‘wait and see’ approach regarding interest rate changes, adding another layer of unpredictability. Macro events such as these, discussed live on Degenz, have prompted traders to rebalance risk while keeping close tabs on major tokens and crypto-exposed equities.

Key Stats & Figures

• Stablecoin Market Cap: Surpasses $250 billion, signaling increased demand for blockchain-based dollar alternatives.
• Crypto Lenders’ Holdings: Over $60 billion in crypto assets are now held by lending platforms, underlining sectoral growth.
• Certain BTC Payments Tax-Free: Ohio exempts Bitcoin payments below $200 from taxes, a significant move for everyday adoption.
• Lion Group’s Treasury Boost: Raises $600 million for HYPE treasury, exemplifying growing institutional investment.

Mainstream Push: Corporates, Pro-Crypto Policy, and Market Utilities

Major US brokerage FalconX is reportedly seeking an IPO, SOL Strategies is aiming to launch in American markets, and Jump Trading is contemplating a return to crypto after a period of withdrawal. Meanwhile, leading platforms like Crypto.com and Deribit have started accepting collateral in BUIDL, and Coinbase has unveiled the ability for users to post USDC as collateral—moves that expand token utility and lower transaction friction. ‘Coinbase Payments’ launched to much fanfare, triggering a jump in Coinbase stock.

Conclusion: What This Means for the Market

With legislative winds turning favorable and heavyweight corporate players deepening their involvement, crypto’s future appears increasingly integrated with the broader financial system. Persisting macro risks and global conflicts may fuel short-term volatility, but expanding utility and policy wins signal long-term momentum for the digital asset space.

The above analysis is based on the Degenz Live broadcast and aggregated recent developments. For the latest market movements and exclusive insights, follow Degenz Live on social platforms.