Crypto Surges After Trump Sways Republicans To His Stablecoin Bills
Topline
Several cryptocurrencies and stocks backed by the industry jumped Wednesday, as regulatory optimism stirred among investors after President Donald Trump said most Republican detractors would advance the GENIUS Act and other pro-crypto legislation in the House.
Thirteen Republicans voted against a motion to advance three pro-crypto bills, 12 of whom Trump said … More
Key Facts
The price of bitcoin returned above $119,000 Wednesday morning after increasing by 1.5%, while the values of other cryptocurrencies, including Ether (5.9%), XRP (2.4%), Solana (4.8%) and Binance’s BNB (1.9%) rose over the last 24 hours.
Trump, writing in a Truth Social post…
