Circle Internet Group (CRCL), along with other publicly traded cryptocurrency companies like Coinbase (COIN), Figure (FIGR), and Gemini (GEMI), experienced a significant stock price drop on the preceding Friday, with CRCL falling by 11.66%. The selloff was attributed to broader market downturns following President Trump's threats to impose new tariffs on Chinese imports. [14] Compounding the negative market sentiment was a reported stalemate in the U.S. Senate over a crypto market structure bill, specifically due to disagreements on DeFi regulation, which has created further uncertainty for the digital asset industry. [14] Despite the recent downturn, on October 13, 2025, U.S. cryptocurrency-related stocks, including Circle, saw gains exceeding 5%. [4] Also on this day, it was reported that Endowment Wealth Management Inc. had purchased a new stake in Circle during the second quarter, acquiring 100,000 shares valued at approximately $18.1 million, making it the largest holding in the firm's portfolio. [1]