Stock Track | Circle Internet Corp. Plummets 5.01% Intraday Amid Bitcoin Decline and Tariff Uncertainty

Stock Track03:31

Circle Internet Corp. (CRCL) experienced a significant decline of 5.01% during intraday trading on Monday, reflecting broader weakness in cryptocurrency-related stocks.

The drop coincided with a decline in Bitcoin prices, which fell below $65,000 to as low as $64,338 during Asian trading hours. Market analysts attribute the sell-off to renewed caution in risk assets amid escalating tariff uncertainty, following a court ruling against former President Trump's tariffs and the implementation of a new global levy.

Weakening Bitcoin ETF inflows have also contributed to dampened near-term bullish expectations for cryptocurrency assets, putting pressure on related stocks like Circle Internet Corp.

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