Amid the recovery of the crypto market, crypto stocks are back on investors' radars. Let's take a look at the most notable changes in the coming days.
Circle (CRCL) Stock
The USDC issuer Circle has drawn attention on Wall Street since its market debut. CRCL stock rose 8.3% ahead of the market opening, reaching $215.83. Over the last five days, the stock increased by more than 60%. This surge is linked to the passing of the GENIUS Act Stablecoin bill, boosting investors' confidence in the asset.
Coinbase (COIN) Stock
Leading crypto exchange Coinbase has also gained notable traction. COIN stocks have increased about 1%, trading near $300. Over the past month, stock prices have jumped over 14%, indicating sustained trader interest. Recently, Coinbase filed for SEC approval to launch tokenized stock trading.
MicroStrategy (MSTR) Stock
MicroStrategy, led by Michael Saylor, continues to attract interest due to its Bitcoin investments. MSTR shares increased by 1.3% to $373.8. The company has recently acquired an additional 10,100 BTC for around $1.05 billion. MSTR stock often fluctuates in tandem with the Bitcoin market.
The rise in stock prices of companies like Circle, Coinbase, and MicroStrategy indicates a recovery in investors' confidence in crypto assets. Further growth is expected in the coming days.
