Circle Internet Group Inc. (NYSE:CRCL) stock is trading higher Thursday, extending a 9.56% gain from the previous session as crypto-related stocks rally.
The surge comes as Bitcoin (CRYPTO: BTC) touched $70,000 on Wednesday, buoyed by declining Treasury yields and political developments surrounding U.S. digital asset regulation.
Nasdaq futures are up 0.09% while S&P 500 futures have shed 0.01%.
Treasury Program Drives Yields Lower
On Wednesday, the Department of the Treasury expanded its bond-buyback program, establishing a minimum threshold of $4 billion for long-dated debt purchases beginning in September.
