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Crypto-related stocks mostly higher after House passes bill

ReutersJul 17, 2025 8:21 PM

** Shares of crypto-related companies are mostly higher on Thurs after the U.S. House of Representatives passed a bill that would develop a regulatory framework for cryptocurrencies and expand the Commodity Futures Trading Commission's oversight of the industry

** Robinhood Markets HOOD.O is up ~3%, Circle Internet Group CRCL.K is up 0.4%, and Coinbase Global COIN.O is up 3.2%. Strategy MSTR.O , formerly called Microstrategy, last down 0.7%

** The bill heads to Senate for approval, before it is sent to the White House for President Donald Trump's signature

** Bitcoin BTC= was down 0.54% to $119,298.87, trading near a record high reached earlier this week. Ethereum ETH= rose 1.42% to $3,429.47

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