CRCL is trading at $48.04 (-4.36%) in after-hours as a sharp crypto market sell-off pressures digital asset-related stocks.
- Major cryptocurrencies are seeing significant declines, with BTC down 3.98% and SOL dropping 7.65% since the last close, following a volatile 24-hour period.
- Broader market weakness is contributing to risk-off sentiment, with the S&P 500 down 2.12% and the Nasdaq falling 2.65%.
- Trading volume stands at 9M against a daily average of 12.71M, with no company-specific news reported to drive the move.