Bitcoin’s record high lifts crypto stocks on renewed regulatory optimism
(Reuters) -U.S.-listed cryptocurrency stocks rose in premarket trading on Friday as bitcoin surged to a record high on growing optimism that regulatory hurdles would soon begin to ease.
The upbeat sentiment is a result of court rulings and policy signals suggesting a shift toward clearer oversight instead of outright crackdowns, which had led to years-long standoff between crypto firms and U.S. regulators.
The world’s largest cryptocurrency was last up 3.9% at $118,018.25, taking its gains for the year to nearly 26%. The digital asset has surged nearly 41% in the last three months.
Next week, the House of Representatives will debate three major crypto bills, the Genius Act, the Clarity Act and the Anti-CBDC Surveillance…
