Circle (CRCL) Stock Drops 18% While USDC Holds $1 Peg
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- Circle stock closed at $102.59 after falling 18.99% in the latest session.
- TradingView showed CRCL dropping from an open of $126.35 to a low of $102.34.
- USDC stayed stable at $0.9999 while its market cap stood at $78.62 billion.
Circle, the issuer of USDC Stablecoin, has seen its share price drop sharply in the latest session, falling nearly 19%. The decline pushed CRCL near $102 after trading above $126 earlier in the day.
Meanwhile, the USDC stablecoin itself remained around a stable level of about $1, but Circle stock went the other way around.
Circle Stock Drops 18%, USDC Stayed Stable
Circle shares opened at $126.35, reached a high of $127.08, and then fell to a low of $102.34. The stock closed at $102.59, marking an 18.99% drop for the session.
However, its trading volume rose to 29.58 million, showing strong selling pressure. The breakdown followed…
Read The Full Article Circle (CRCL) Stock Drops 18% While USDC Holds $1 Peg On Coin Edition.
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Coins
$ 0.99954
-0.01%
$ 0.9986
-0.06%
$ 0.981
-4.26%
$ 0.0378
+3.28%
$ 99.44
-4.19%Funds
Predictions Markets
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In This News
Coins
$ 0.99954
-0.01%$ 0.9986
-0.06%$ 0.981
-4.26%$ 0.0378
+3.28%$ 99.44
-4.19%Funds
Predictions Markets
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