Circle surges 16% on US crypto bill compromise

Circle surged 16% over the weekend after U.S. lawmakers reached a compromise on the Clarity Act, a crypto regulation bill, CNBC reported. The agreement would allow stablecoin interest programs to continue under certain conditions. Other related stocks also saw gains, with USDC distribution partner Coinbase rising approximately 7%. BitGo and Galaxy Digital climbed 12% and 5%, respectively.