The committee voted 15-9 to move forward with its version of the crypto market structure bill despite strong opposition from Senator Elizabeth Warren (D-MS), breaking the stalemate that had stalled the bill since January. The bill now heads to a full Senate vote.

COIN’s stock rallied nearly 10% to hit an over three-month high of $222. It was among the top trending tickers on Stocktwits as crypto-linked cashtags took over the board, including Circle Internet Group (CRCL) and Robinhood (HOOD) as well as Bitcoin (BTC), Ethereum (ETH) and Ripple’s XRP (XRP). HOOD’s stock gained over 6% in midday trade, while CRCL’s stock climbed over 2%.

Circle Leads Retail Excitement

While Circle’s shares lagged the uptick, platform data showed it saw the biggest surge in chatter in the last 24 hours of over 140%. Meanwhile, message volume around HOOD’s stock increased around 80%, while chatter around COIN’s stock jumped 70%.

Retail sentiment around the three crypto-linked equities also varied. It improved to ‘extremely bullish’ from ‘bullish’ territory around Coinbase, and trended in the ‘extremely bullish’ zone of Circle. However, sentiment around HOOD’s stock remained in ‘bearish’ territory.

One retail trader on the platform said the passing of the CLARITY Act was “institutional money vortex” being initiated.

https://www.stocktwits.com/JbrosInvestments/message/653399735

Others expressed regret for not picking up more shares before the rally in crypto-linked stocks.

https://www.stocktwits.com/Cvn71/message/653401456

Bitcoin Touches $82,000 While XRP Outperforms

The rally and spike in retail interest came as Bitcoin’s price rose over 3.5% in the last 24 hours to momentarily cross $82,000 before paring gains, according to Coinbase data. Retail sentiment around the apex cryptocurrency rose to ‘bullish’ from ‘neutral’ territory over the past day on Stocktwits. Chatter stayed at ‘normal’ levels.

XRP’s price outperformed Bitcoin’s rally, rising over 4% in the last 24 hours to around $1.48. Retail sentiment around the altcoin trended in ‘bullish’ territory over the past day, accompanied by ‘high’ levels of chatter.
source: https://www.tradingview.com/news/stocktwits:6de3d274e094b:0/