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Cryptocurrency stocks surge thanks to the Clarity Act
Circle rose nearly 20%, Coinbase increased by 6%, BitGo gained 10%, and SOL Strategies jumped 18% on Monday, leading the broad rally of crypto-related stocks.
The main driver is the progress of the Clarity Act, as lawmakers have finalized a compromise on language related to stablecoin yields. This boosts optimism about digital asset regulation in the U.S.
$SOL $USDC