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Circle Stock Soars 34% As Senate Passes Landmark Crypto Bill

by TheAdviserMagazine
6 months ago
in Markets
Reading Time: 1 min read
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Circle Stock Soars 34% As Senate Passes Landmark Crypto Bill
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T. Schneider / Shutterstock.com

Circle’s stock rocketed 34% on Wednesday, closing at $199.59 after the U.S. Senate passed a groundbreaking stablecoin bill. In after-hours trading, the rally continued with shares adding another 6.1% to reach $211.87, marking a new 52-week high. It’s the latest jolt in a whirlwind month for Circle since its IPO in early June. The catalyst? A sweeping 68 to 30 bipartisan Senate vote to approve…



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