CRCL is trading at $69.73 (-4.27%) amid a sharp drop in major cryptocurrencies, driven by bearish sentiment in BTC and ETH.
- BTC is down 1.56% and ETH is down 2.82% since the last close, amplifying the correlation for the stablecoin issuer.
- There is no company-specific news today, suggesting the move is purely market-driven.
- Recent Q3 2025 results showed revenue growth offset by rising expenses, contributing to investor caution and margin pressure.