Cryptocurrency Market Soars: Policy Shifts Fuel Gains in Stocks & Altcoins

A wave of bullish sentiment has swept through the cryptocurrency market, fueled by favorable regulatory changes and a surge in institutional interest. Circle’s record-breaking IPO performance is just one example, with shares soaring over 400% above their initial price following their first earnings beat since going public. This impressive feat was driven in part by Circle’s new blockchain network aimed at stablecoin-powered finance. Additionally, the passage of the GENIUS Act has created a federal framework for asset-backed tokens, further solidifying this market momentum.