After a sluggish February, the crypto market has staged a strong rebound in early March. Yesterday (Mar 5), Bitcoin broke out of its consolidation range, briefly touching $74,000, with a 24-hour gain of nearly 8%. Ethereum reclaimed $2,100, and the altcoin market broadly recovered as overall market momentum shifted upward. However, after a huge rebound, Crypto Fear & Greed Index went back to “Extreme Fear” zone again. Technical Outlook: Will Today’s Pullback Reverse the Rally? On the daily chart, Bitcoin has not produced a sustained sequence of bullish candles for nearly half a month, indicating that previous rebounds lacked follow-through. The key level now sits around $74,500. If Bitcoin closes today with a strong bullish candle and holds above $74,500, it could form a breakout conti
Circle USYC AUM Hits $2B! Is $190 Target Within Reach?
Despite a sluggish broader crypto market, Circle’s USDC supply has rebounded to a near-record $78 billion, while its tokenized U.S. Treasury fund, USYC, officially surpassed $2 billion in Assets Under Management (AUM). Bernstein analysts have reiterated an "Outperform" rating on CRCL with a conviction-buy price target of $190. With the stock currently trading near $120, this represents a 60% upside. Can Circle maintain its "regulatory moat? Will the expansion of USYC into corporate treasuries propel CRCL toward its $190 target before the end of 2026?a
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