Crypto Is Jumping After Support From Lawmakers. How Investors Can Position.
Crypto week in Washington, DC, is over, but the bullishness among investors keeps building.
The legislative sprint to boost the crypto market last week concluded with Donald Trump signing the GENIUS Act, a bill that creates a framework for the issuance and use of stablecoins.
Its passage boosted crypto prices and sparked momentum for companies with high stablecoin exposure, such as Circle Internet Group and Coinbase.
The milestones are expected to usher in a new era for crypto, but sources say some areas of the market stand to gain more than others.
Here’s what market experts say they’re watching as the latest developments in crypto unfold.
What the pros are bullish on
Cryptocurrencies went on a broad-based…