CRCL is trading at $81.56, up 32.89% today after reporting fourth-quarter results that significantly exceeded market expectations.
- Circle reported $770 million in revenue (beating the $748.62M estimate) and $0.43 EPS, crushing the $0.15 consensus estimate.
- The performance was driven by 72% year-over-year growth in USDC circulation, which reached $75.3 billion.
- Exceptional rally momentum is supported by a broader crypto surge, with Bitcoin up 7.2% and Ethereum up 11.34% since yesterday.