US EditionCircle Stock Rockets 540%: Cathie Wood Says 'We've Just Begun' - Circle Internet Group (NYSE:CRCL)
UNITED STATES, JUN 19 – Circle's stock surged 34% after Senate passed the GENIUS Act, boosting regulatory clarity for stablecoins and lifting its market value above $48 billion, with shares up over 540% since IPO.
- Circle Internet Group completed its IPO on June 5, 2025, listing on the NYSE under ticker CRCL and rapidly gaining investor attention.
- Investor optimism climbed sharply following the U.S. Senate’s approval of the GENIUS Act on June 17, 2025, a bill designed to establish regulatory frameworks for stablecoins backed by the U.S. dollar and incorporate them into the national financial landscape.
- Following the Senate vote, Circle’s shares climbed 33% on Wednesday, reaching $199.59 at close and surging over 540% since the IPO amid growing regulatory clarity.
- CEO Jeremy Allaire called the legislation “history being made” and a breakthrough for U.S. competitiveness, while Cathie Wood said, “We’ve just begun on a very big journey.”
- The bill now requires House approval and the President’s signature, but the momentum suggests Circle will remain a primary beneficiary in the regulated stablecoin market.
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According to the original report, Circle's shares (CRCL) have risen for the third day in a row this Monday, awakening investors' interest in the potential of stablecoins.During the day, their shares rose by up to 20%, but then moderated their profits, thus consolidating an impressive 80% of growth observed last week.Impact of Senate legislationCircle's momentum has coincided with the recent passage by the Senate of legislation that establishes a…
Circle Internet Group (NYSE:CRCL) Shares Gap Up – What’s Next?
Circle Internet Group, Inc. (NYSE:CRCL – Get Free Report)’s share price gapped up prior to trading on Friday . The stock had previously closed at $199.59, but opened at $231.50. Circle Internet Group shares last traded at $228.30, with a volume of 31,164,755 shares. Wall Street Analysts Forecast Growth A number of research firms have recently weighed in on CRCL. Seaport Res Ptn upgraded shares of Circle Internet Group to a “strong-buy” rating in…
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