The post ‘Made in USA’ Crypto Coins Surge as House Passes Landmark Bills appeared on BitcoinEthereumNews.com.
UNI, TEL, and OP lead sector rally in U.S.-linked cryptocurrencies after the House signaled regulatory clarity for the crypto industry. “Top Made in USA” crypto assets are recording bullish momentum following the U.S. House of Representatives’ passage of three key crypto bills during “Crypto Week” this week: the GENIUS Act, the CLARITY Act, and the Anti-CBDC Surveillance State Act. The combined market capitalization for the top U.S.-made assets, per CoinGecko data, currently stands at $542 billion, a 6.5% increase over the past 24 hours. This category comprises digital assets with ties to the United States, namely those founded by U.S.-based companies or headquartered within the country. Top earners on the day include Uniswap’s UNI, which surged nearly 16% to $10.14, and Telcoin (TEL), which is up 7% today to $0.0065. Another top-gainer in the sector today is Optimism (OP), which recorded an increase of 8% to $0.75. Multiple assets rallied in the double-digits on the weekly timeframe, likely on Crypto Week activity and anticipation of the bills’ passage. The top weekly earner is Frax (FRAX), which soared over 54% to $3.44. TEL is also a top gainer on the week, recording a 42.5% gain, while Solana memecoin Bonk (BONK) in third place, up 41.4%. An honorable mention includes Pudgy Penguins (PENGU), which has soared nearly 35.2% on the week to $0.03. Today’s increase pushed PENGU’s monthly growth to 235%. However, PENGU’s gains are likely tied to the Securities and Exchange Commission acknowledging the filing of the Canary Capital spot PENGU ETF on July 10. Top U.S.-made crypto by market cap weekly top performers. Source: CoinGecko ‘Inflection Point’ Experts say the rally leading up to the House’s vote during Crypto Week, and immediately following the passage of the bills, underscores how important regulatory clarity is for digital assets in the U.S.…