The post S&P 500 closes with another all-time high, led by crypto stocks amid euphoric wins appeared on BitcoinEthereumNews.com.

The S&P 500 locked in its ninth all-time closing high of 2025 on Thursday, climbing 0.54% to 6,297.36, as crypto stocks ripped higher, and investors got slammed with better-than-expected earnings. Nasdaq Composite ended at 20,885.65, up 0.75%, posting its tenth record of the year. The Dow Jones added 229.71 points, or 0.52%, to close at 44,484.49, with all three major indexes pushing through new intraday highs before the bell rang. Trump’s GENIUS Act, signed into law the same day at the White House, lit a match under crypto stocks, triggering a sharp rise in names like Coinbase, Robinhood, and Bitmine Immersion. The bill, which has been called the first full-scale crypto regulation ever passed in the United States, got an official ceremony attended by politicians and industry leaders. Trump’s action now locks crypto oversight into federal law, something future presidents can’t just brush off. Noelle Acheson, economist and author of Crypto is Macro Now, said, “This is the biggest deal in crypto so far this year, up there with the change in the SEC – it’s the first crypto-focused law in the history of the United States, home to the largest financial market in the world.” She added that: “Being law rather than an agency ruling means that future Administrations will not be able to easily overturn its provisions. Should any try, by then stablecoins will be so deeply embedded in the global financial landscape, it would be futile.” Coinbase touches intraday high, Ether leads crypto run Coinbase saw a 2% gain by close and even spiked above the high it hit during its IPO debut in 2021, making it five straight positive weeks for the company. Robinhood closed 4% higher, while Bitmine Immersion, which manages ether reserves, added 1%. The jump came after Trump’s signing, which investors saw as…

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Filed under: News - @ July 18, 2025 10:31 pm