ChainCatcher said bitcoin miners and digital asset treasury companies rose at the end of the week as the crypto market extended its rebound. Traders pointed to the U.S. Treasury’s decision to expand its long-dated bond buyback program, which raised expectations for better liquidity and helped risk sentiment recover. Canaan gained more than 25%, MARA Holdings kept climbing after rising nearly 16% on Thursday, and Strive, which holds more than 20,000 bitcoin, advanced more than 16% on Friday. The rally also came as U.S. regulatory expectations improved. President Donald Trump on Thursday again urged Congress to move forward with the CLARITY Act, a bill aimed at clarifying the country’s digital asset framework and dividing oversight duties between the Commodity Futures Trading Commission and the Securities and Exchange Commission in crypto markets.
Crypto stocks rose after the U.S. Treasury expanded its buyback plan
Bitcoin miners and digital asset treasury companies gained at the end of the week as the crypto market kept rebounding, according to ChainCatcher. Traders linked the move to the U.S. Treasury’s announcement that it would expand its long-dated bond buyback program, which lifted expectations for market liquidity and improved appetite for risk assets.
Trump also said the U.S. government could buy bitcoin on a “large scale” in the future.
Canaan, MARA and Strive all moved higher
Bitcoin miner Canaan rose more than 25%. MARA Holdings, after climbing nearly 16% on Thursday, continued to move higher. Strive, a digital asset treasury company that holds more than 20,000 bitcoin, rose more than 16% on Friday.
Regulatory expectations improved as Trump pressed Congress
The rally also came as market expectations for U.S. regulation improved. On Thursday, Trump again called on Congress to advance the CLARITY Act, a bill designed to clarify the U.S. digital asset regulatory framework and divide oversight responsibilities in crypto markets between the Commodity Futures Trading Commission and the Securities and Exchange Commission.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.