US crypto stocks experienced a notable surge amid a ceasefire agreement between Iran and Israel, brokered by US President Donald Trump. Despite the ceasefire's declaration, reports indicated missile strikes from both nations shortly after it went into effect. Trump commented on the situation, expressing disbelief at the ongoing conflict between the two countries. Notably, Coinbase Global Inc. rose 12.10%, making it the best-performing stock in the S&P 500 for the day. Other notable gains included Riot Platforms at 8.09% and Marathon Digital at 4.94%. The broader market also saw gains, with the S&P 500 climbing 1.11%. In contrast, Circle Internet Group, a stablecoin issuer, saw a substantial drop of 15.49% despite a commendable 620% increase since its public debut. The overall crypto market continued to stabilize, with Bitcoin, Ethereum, and XRP each showing gains. The increased interest in crypto stocks has encouraged other firms to explore public listings in the US.

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