{"id":3071,"date":"2026-03-04T17:49:17","date_gmt":"2026-03-04T17:49:17","guid":{"rendered":"https:\/\/finzexpert.com\/blog\/coinbase-leads-crypto-stocks-higher-after-trump-signals-support-for-digital-asset-market-structure-bill\/"},"modified":"2026-03-04T17:49:17","modified_gmt":"2026-03-04T17:49:17","slug":"coinbase-leads-crypto-stocks-higher-after-trump-signals-support-for-digital-asset-market-structure-bill","status":"publish","type":"post","link":"https:\/\/finzexpert.com\/blog\/coinbase-leads-crypto-stocks-higher-after-trump-signals-support-for-digital-asset-market-structure-bill\/","title":{"rendered":"Coinbase leads crypto stocks higher after Trump signals support for digital asset market structure bill"},"content":{"rendered":"\n<div id=\"RegularArticle-ArticleBody-5\" data-module=\"ArticleBody\" data-test=\"articleBody-2\" data-analytics=\"RegularArticle-articleBody-5-2\"><span class=\"HighlightShare-hidden\" style=\"top:0;left:0\"\/><\/p>\n<div class=\"group\">\n<p>Shares of <span class=\"QuoteInBody-quoteNameContainer\" data-test=\"QuoteInBody\" id=\"RegularArticle-QuoteInBody-1\">Coinbase<span class=\"QuoteInBody-inlineButton\"><span class=\"AddToWatchlistButton-watchlistContainer\" id=\"-WatchlistDropdown\" data-analytics-id=\"-WatchlistDropdown\"><button class=\"AddToWatchlistButton-watchlistButton\" aria-label=\"Add To Watchlist\" data-testid=\"dropdown-btn\"><span class=\"AddToWatchlistButton-addWatchListFromTag\"\/><\/button><\/span><\/span><\/span> and other cryptocurrency companies surged Wednesday after President Donald Trump threw his weight behind the industry&#8217;s battle against U.S. banks over yield-bearing stablecoins \u2014 adding to momentum the firms were already feeling from <span class=\"QuoteInBody-quoteNameContainer\" data-test=\"QuoteInBody\" id=\"RegularArticle-QuoteInBody-2\">bitcoin<span class=\"QuoteInBody-inlineButton\"><span class=\"AddToWatchlistButton-watchlistContainer\" id=\"-WatchlistDropdown\" data-analytics-id=\"-WatchlistDropdown\"><button class=\"AddToWatchlistButton-watchlistButton\" aria-label=\"Add To Watchlist\" data-testid=\"dropdown-btn\"><span class=\"AddToWatchlistButton-addWatchListFromTag\"\/><\/button><\/span><\/span><\/span>&#8216;s bounce.<\/p>\n<p>Coinbase was last up more than 12%. Other digital asset firms such as <span class=\"QuoteInBody-quoteNameContainer\" data-test=\"QuoteInBody\" id=\"RegularArticle-QuoteInBody-3\">Strategy<span class=\"QuoteInBody-inlineButton\"><span class=\"AddToWatchlistButton-watchlistContainer\" id=\"-WatchlistDropdown\" data-analytics-id=\"-WatchlistDropdown\"><button class=\"AddToWatchlistButton-watchlistButton\" aria-label=\"Add To Watchlist\" data-testid=\"dropdown-btn\"><span class=\"AddToWatchlistButton-addWatchListFromTag\"\/><\/button><\/span><\/span><\/span> and <span class=\"QuoteInBody-quoteNameContainer\" data-test=\"QuoteInBody\" id=\"RegularArticle-QuoteInBody-4\">Circle<span class=\"QuoteInBody-inlineButton\"><span class=\"AddToWatchlistButton-watchlistContainer\" id=\"-WatchlistDropdown\" data-analytics-id=\"-WatchlistDropdown\"><button class=\"AddToWatchlistButton-watchlistButton\" aria-label=\"Add To Watchlist\" data-testid=\"dropdown-btn\"><span class=\"AddToWatchlistButton-addWatchListFromTag\"\/><\/button><\/span><\/span><\/span> jumped 9% and nearly 6%, respectively. Meanwhile, shares of\u00a0JPMorgan Chase\u00a0and\u00a0Bank of America\u00a0fell less than 1%.<\/p>\n<p>&#8220;The Genius Act is being threatened and undermined by the Banks, and that is unacceptable,&#8221; Trump said late Tuesday in his social media post. &#8220;They need to make a good deal with the Crypto Industry because that&#8217;s what&#8217;s in best interest of the American People.&#8221;<\/p>\n<p>Greenlighting firms to issue dollar-pegged digital tokens that offer interest-like returns has been a sticking point of the Clarity Act, a market structure bill for the crypto industry, in the U.S. Congress. <\/p>\n<p>Crypto companies also got a boost as cryptocurrencies staged a comeback. Bitcoin and <span class=\"QuoteInBody-quoteNameContainer\" data-test=\"QuoteInBody\" id=\"RegularArticle-QuoteInBody-8\">ether<span class=\"QuoteInBody-inlineButton\"><span class=\"AddToWatchlistButton-watchlistContainer\" id=\"-WatchlistDropdown\" data-analytics-id=\"-WatchlistDropdown\"><button class=\"AddToWatchlistButton-watchlistButton\" aria-label=\"Add To Watchlist\" data-testid=\"dropdown-btn\"><span class=\"AddToWatchlistButton-addWatchListFromTag\"\/><\/button><\/span><\/span><\/span> advanced 5% and 6% on Wednesday, respectively. <\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Shares of Coinbase and other cryptocurrency companies surged Wednesday after President Donald Trump threw his weight behind the industry&#8217;s battle against U.S. banks over yield-bearing stablecoins \u2014 adding to momentum the firms were already feeling from bitcoin&#8216;s bounce. Coinbase was last up more than 12%. Other digital asset firms such as Strategy and Circle jumped [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":3072,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[1377,746,2300,325,1405,212,1867,326,2940,191,2158,1835,224],"class_list":["post-3071","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-loan","tag-asset","tag-bill","tag-coinbase","tag-crypto","tag-digital","tag-higher","tag-leads","tag-market","tag-signals","tag-stocks","tag-structure","tag-support","tag-trump"],"_links":{"self":[{"href":"https:\/\/finzexpert.com\/blog\/wp-json\/wp\/v2\/posts\/3071","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/finzexpert.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/finzexpert.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/finzexpert.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/finzexpert.com\/blog\/wp-json\/wp\/v2\/comments?post=3071"}],"version-history":[{"count":0,"href":"https:\/\/finzexpert.com\/blog\/wp-json\/wp\/v2\/posts\/3071\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/finzexpert.com\/blog\/wp-json\/wp\/v2\/media\/3072"}],"wp:attachment":[{"href":"https:\/\/finzexpert.com\/blog\/wp-json\/wp\/v2\/media?parent=3071"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/finzexpert.com\/blog\/wp-json\/wp\/v2\/categories?post=3071"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/finzexpert.com\/blog\/wp-json\/wp\/v2\/tags?post=3071"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}