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Circle Selloff 'Looks Overdone' Analysts Say as Shares Rise After Cathie Wood Buys the Dip
Yahoo Finance· 2026-03-25 19:03
Circle shares pared losses on Wednesday after developments surrounding stablecoins on Capitol Hill sent them tumbling a day before alongside rival Tether’s audit announcement. The New York-based stablecoin issuer’s shares changed hands around $102.50, trimming a 22% decrease on the week, according to Yahoo Finance. Not long after the opening bell on Wednesday, Circle’s stock price jumped to $110 before settling lower. Tuesday’s plunge came as crypto lobbyists mulled changes to market structure legislation ...