Coinbase leads crypto stocks higher after Trump signals support for digital asset market structure bill
CoinbaseCoinbase(US:COIN) CNBC·2026-03-04 15:19

Shares of Coinbase and other cryptocurrency companies surged Wednesday after President Donald Trump threw his weight behind the industry's battle against U.S. banks over yield-bearing stablecoins — adding to momentum the firms were already feeling from bitcoin's bounce.Coinbase was last up more than 12%. Other digital asset firms such as Strategy and Circle jumped 9% and nearly 6%, respectively. Meanwhile, shares of JPMorgan Chase and Bank of America fell less than 1%."The Genius Act is being threatened and ...

Coinbase leads crypto stocks higher after Trump signals support for digital asset market structure bill - Reportify