CRCL is trading at $83.88 (+5.91%) following strong crypto correlation and broader market strength driven by cooler-than-expected CPI data.
- The gain aligns with BTC up 2.86% and ETH up 4.83% since the last close.
- Inflation fears eased after the 2.7% CPI data, boosting Nasdaq futures by 1.40% pre-market.
- The move is correlation-driven (beta 1.31) and based on positive sentiment, as there is no CRCL-specific news today.