CRCL is trading at 3.4% down now at $82.71 as the stock extends its sharp post-earnings slide and trades near recent lows. The sustained pressure on Circle’s shares follows its Q3 2025 report, driven by fundamental concerns regarding the company's growth and operational outlook, suggesting the current move is mainly company-specific. * Concerns persist over slowing growth of the USDC stablecoin. * The company is facing pressure due to rising operating expenses. * Sentiment is further weighed down by the overhang from a December lock-up expiry.