Latest US Stock Market News – $COIN shares surged 5% on July 28, 2025, as Bitcoin hit $120,000, boosting trading volumes and stablecoin revenue. The GENIUS Act, passed by the Senate in June, has fueled optimism for stablecoin adoption, with $COIN’s USDC revenue, co-founded with $CRCL, jumping 51% in Q1 to $300 million.
Q2 earnings, due July 31, are projected to show EPS of $0.95, down 10% year-over-year, with revenue of $1.9 billion, up 20%. The stock, up 55% year-to-date at $393, trades at a forward P/E of 40, reflecting a premium valuation.
Tariff risks on tech infrastructure could raise costs, but $COIN’s new merchant payments product, offering near-instant stablecoin settlements, challenges $V and $MA. $AAPL’s exploration of crypto payments ties this to Consumer Tech.
Investors should monitor Q3 guidance for trading volume trends, as Bitcoin’s rally may wane. Compared to $HOOD, $COIN’s focus on institutional clients ensures stability. The stock’s rally aligns with 86% of S&P 500 firms beating Q2 earnings, making $COIN a top crypto stock pick.
