CRCL is trading at $123.97 (-5.91%) as a broader crypto pullback and macro headwinds weigh on the USDC issuer, cooling sentiment after yesterday's rally.
- The decline follows a 15.91% post-earnings surge to $131.76 in the previous session; no fresh company-specific news was released today.
- Crypto markets are under pressure with Bitcoin down 1.64% and Ethereum 2.97%, while the Nasdaq has fallen 1.28% on inflation data and geopolitical concerns.