CRCL rises 1.96% to $85.10, tracking bullish crypto market with BTC +2.49% and ETH +1.05%.

CRCL stock rose 1.96% to $85.10 during open market trading, primarily driven by strong correlation with the broader cryptocurrency rally, despite a lack of company-specific catalysts.

• The gains were supported by significant movements in major cryptocurrencies, with BTC rising 2.49% to $93,596.09 and ETH increasing 1.05%.
• The movement aligns with a broader market rally (S&P 500 +0.75%, NASDAQ +0.68%), while analyst consensus remains a Hold rating with a price target of $135.07.