Circle's $1.26B Slide to 80th in Volume Amid Regulatory Scrutiny and Partnership Hopes

On September 22, 2025, , . , reflecting reduced market activity amid broader sector volatility.

Recent developments suggest mixed investor sentiment. A regulatory inquiry into stablecoin compliance in key jurisdictions has raised concerns about operational risks for Circle, though the company has reiterated its adherence to existing frameworks. Concurrently, a partnership announcement with a major to expand cross-border payment solutions was viewed as a positive catalyst by some analysts, balancing the regulatory overhang.

show prolonged consolidation near critical support levels, with short-term momentum indicators diverging from price action. pressure appears concentrated in after-hours sessions, while retail participation remains subdued due to macroeconomic uncertainty ahead of central bank policy updates.

I can certainly set up a back-test, but to run it accurately I need to pin down a few practical details first: 1) Universe—Which market should we rank (e.g., all U.S. common stocks on NYSE + NASDAQ, or another universe)? 2) Trade mechanics—Entry price: buy at today’s close and sell at tomorrow’s close, or buy at tomorrow’s open and sell at tomorrow’s close? Position sizing: equal-weight across the 500 names each day? 3) Data coverage—The full calculation requires each day’s volume and price history for several thousand tickers—something we can do, but it will take a bit of time to pull and process. Are you comfortable with a short wait while I fetch the data? If the above defaults (U.S. universe, equal-weight, buy at today’s close / sell at tomorrow’s close) are acceptable, just let me know and I’ll start the data retrieval and back-test.