CRCL is trading at $54.46 (-3.03%) as a sharp crypto selloff and weak ADP employment data pressure crypto-related equities.
- BTC has dropped 3.81% and ETH has fallen 7.50% since the last close, directly impacting the stock's performance.
- The decline aligns with a broader market rotation from high-growth assets fueled by hawkish Fed concerns following weak ADP jobs data.
- CRCL continues its downward trend after plunging from a recent high of $70.90 on Jan 26.