Circle Internet Corp. (NYSE: CRCL) saw its shares drop sharply by 5.89% during Tuesday's intraday session, mirroring a broad decline in crypto-related stocks.
The slump followed Bitcoin's fall below $91,000, which triggered a sector-wide selloff. Analysts attributed the downturn to heightened volatility in the cryptocurrency market, with traders reacting to Bitcoin's price correction. Circle, as a key player in the digital asset space, is particularly sensitive to such fluctuations.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments