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Bitcoin's new record lifts industry stocks ahead of 'Crypto Week' in Washington
U.S.-listed crypto stocks jumped in premarket trading on Friday as bitcoin surged to a record high in the run-up to a landmark week that could cement policy wins for the crypto industry. Starting July 14, the House of Representatives will debate three major crypto bills that are likely to provide the industry the regulatory framework in the U.S. that it has long demanded. The lawmakers will discuss the Genius Act, the Clarity Act and the Anti-CBDC Surveillance State Act, in what has been dubbed as "Crypto Week", amid growing bets that the industry's strained ties with Washington is beginning to thaw. This is a sharp ... (full story)
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