Movement Alert|Circle Internet Corp. Rises 5.7% in Regular Trading, Crypto Concept Stocks Broadly Rally

Market Focus
Sep 18

On September 18, Circle Internet Corp. rose 5.7% in regular trading, trading at $89.92/share, with turnover of $219 million. The stock rallied alongside a broad-based advance in cryptocurrency concept stocks during the session.

On the news front, crypto-related equities extended their rebound for a second consecutive day, with peers Bullish surging over 5%, Strategy, BitMine, and Circle all climbing more than 4% at the open. The sector-wide rally followed a sharp sell-off earlier in the week triggered by the rejection of the CLARITY Act — a landmark regulatory bill for the crypto industry — which had sent Bitcoin down as much as 5.3% and dragged Circle down roughly 13% on September 16. The subsequent recovery suggests markets are digesting the regulatory setback.

Additionally, Circle recently announced the acquisition of Singapore-based B2B cross-border payments firm Tazapay in a deal valued at approximately $400 million, aimed at expanding its global payments infrastructure. The company also partnered with OKX to broaden USDC liquidity and utility, and launched collaborations with edgeX for on-chain FX trading via its Arc mainnet.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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