$Circle Internet Corp.(CRCL)$ Current Price: ~$149.3 🎯 Price Targets Bullish Case: $155–160 Driven by crypto stabilisation (BTC > $120K) and renewed institutional flows into USDC. Base Case: $145–150 Likely consolidation after heavy selling, as investors weigh Circle's losses against stablecoin adoption growth. Bearish Case: $135–140 Possible if BTC weakens below $115K or Fed rhetoric triggers broader risk-off. 📊 Micro Factors (Company-Specific) Earnings Fallout: Q2 loss of $482M still hangs over sentiment; investors cautious about sustainability. Stock Sale Filing: Circle's 10M share offering—oversubscription could support price; weak demand = downside pressure. Product Adoption: Circle's Arc and USDC adoption in DeFi/TradFi could turn
Circle Dumping Risk? Cash Out at $150 or Time to Bottom?
Circle beats revenue but fell as it 5% as it files to sell 10M shares of Class A common stock. Circle reported a net loss of $482 million in the second quarter, compared with a $33 million profit a year ago. Revenue increased by 53% to $658 million, surpassing Wall Street estimates of $646 million.
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