On October 10, 2025, Circle Internet Group (CRCL) closed at $132.94, down -11.66% from the previous session, marking a significant decline after weeks of sector-driven momentum and a recent rally[6]. The sharp drop follows heightened volatility since the June IPO, with market sentiment split between optimism for Circle's stablecoin initiatives and concerns about insider sales, missed earnings expectations, and potential overvaluation at current levels[4][3]. No blockbuster company-specific news was reported on October 13, 2025, but the move reflects broader fintech sector uncertainty and reactions to macroeconomic factors, including Federal Reserve policy shifts[4].
Circle Internet Group (CRCL) drops 11.66% amid sector volatility and valuation concerns
CRCL
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