Circle (CRCL) Jumps 34% as Stablecoin Bill Clears Senate, Extending Post-IPO 500% Rally
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8 Articles
Circle (CRCL) Jumps 34% as Stablecoin Bill Clears Senate, Extending Post-IPO 500% Rally
Circle (NYSE: CRCL) soared 34% on Wednesday, adding another 6% after-hours, as the U.S. Senate passed a landmark bill laying the groundwork for regulated, dollar-backed stablecoins.The move pushed Circle's stock to $199.59 on Wednesday's closing, with a high of $211.87 in after-hours trading. The stock is now up over 540% since its June 5 debut, marking one of the fastest climbs for a crypto stock after opening to the public.The GENIUS Act outli…
Circle approaches $50B valuation amid evolving regulatory landscape in the US
The post Circle approaches $50B valuation amid evolving regulatory landscape in the US appeared on BitcoinEthereumNews.com. Circle, the issuer of the USD Coin (USDC) stablecoin, is edging closer to a $50 billion valuation after a major rally in its stock price. Since debuting at $31, Circle’s shares (CRCL) have climbed over 540%, now trading around $200, according to Yahoo Finance. This surge has helped push Circle’s valuation to approximately $…
The regulatory expectations around the stablecoin would be enhancing Circle's success in the US market, motivating other crypto firms to take the step sooner rather than later. *** The action of Circle (CRCL) rose 33.8% in a single day, and more than 530% since its debut on June 5. The approval of the GENIUS Act on stables boosted interest in companies such as Circle and Coinbase. USDC, the stablecoin issued by Circle, already represents 25% of …
Circle Crypto Stock is Up Over 500% Since Going Public
The latest narrative to emerge in the crypto space is the wild success of many publicly traded crypto-related companies – netting blockchain stock investors mega gains. The most recent being USDC-issuer, Circle crypto and its CRCL stock – it is up around 530% since going public on June 4, 2025. CRCL is the latest success story after Japanese investment firm Meta Planet (MTPLF) surged over 600% in a year following its pivot to Bitcoin accumulatio…
Up 543%: Wall Street Wakes up to Circle’s $44B Boom After GENIUS Act Approval - Invest In Crypto News
Data indicates that Circle Internet Financial’s stock has been on a steady climb, experiencing a notable jump after the U.S. Senate approved the GENIUS Act stablecoin legislation. Since its public debut, Circle’s share price has appreciated more than 500% against the U.S. dollar. From $31 to $199: Circle Shares Soar After Senate Embraces Stablecoins The […] Source link The post Up 543%: Wall Street Wakes up to Circle’s $44B Boom After GENIUS Act…
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