10x Research posted on the X platform that Circle (CRCL) stock price has risen against the trend over the past week, stabilizing above the 7-day and 30-day moving averages. At the institutional level, Cathie Wood's ARK Invest increased its holdings by 218,000 shares of CRCL during the market correction, indicating growing institutional confidence; Circle has reached a strategic partnership with Polymarket, which will adopt native USDC as the main settlement asset, further expanding USDC's use in prediction markets. Analysts believe that the GENIUS Act framework could facilitate more direct inflows of digital dollar reserves into the US Treasury market, and under this trend, Circle may become a major beneficiary.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
10x Research posted on the X platform that Circle (CRCL) stock price has risen against the trend over the past week, stabilizing above the 7-day and 30-day moving averages. At the institutional level, Cathie Wood's ARK Invest increased its holdings by 218,000 shares of CRCL during the market correction, indicating growing institutional confidence; Circle has reached a strategic partnership with Polymarket, which will adopt native USDC as the main settlement asset, further expanding USDC's use in prediction markets. Analysts believe that the GENIUS Act framework could facilitate more direct inflows of digital dollar reserves into the US Treasury market, and under this trend, Circle may become a major beneficiary.