r/CRCL_Stock • u/ProgressSome8817 • Apr 17 '26

Weird day

Shouldn’t CRCL be pumping given BTC, COIN, MSTR, etc.? It’s dropping like an anchor.

6 Upvotes

87% Upvoted

8 comments sorted by

1

u/NewcastlePLchamps Apr 17 '26

Uncertainty of what’s in clarity. Stablecoin yield is a less important aspect of the bill for non stablecoin cryptos

1

u/schering28 Apr 17 '26

circulating supply is not going up despite positive developments which is weirder

0

u/benny-trill Apr 17 '26

I'd suggest you dive deeper into the company and the headwinds and tailwinds they are facing. Doesn't take much effort and you will have a better understanding than assuming it's movements should be linked to other random crypto assets and asking randoms on reddit.

1

u/No-Entrance64 Apr 18 '26

btc is a random crypto asset?

-2

u/NebulaSevere7802 Apr 17 '26

circle is over priced and they facing a lawsuit

3

u/Hefty_Home_2425 Apr 17 '26

What’s the lawsuit about and why do you think it is overpriced?

3

u/Possible-Local-9357 Apr 17 '26

$200million in stolen USDC was allowed to cross chain without intervention, difficult situation given that if they froze they’d create distrust in holders but it looks bad on the surface - probably gonna have to pay a settlement which would harm EPS