Circle Internet Group, Inc. is trading 10.0% down at $81.45 as investors react to a sharp slide in major cryptocurrencies and a broader selloff in growth and tech stocks.
- Major cryptocurrencies including Bitcoin and Ethereum have dropped between 5% and 11% over the last day, weighing heavily on crypto-linked equities.
- The Nasdaq has fallen more than 2% as tightening Fed expectations drive a risk-off sentiment across the growth and technology sectors.
- There are no fresh company-specific headlines; the move appears driven entirely by sector-wide volatility and macro factors.