Circle shares fall 5.85% intraday amid regulatory scrutiny, competitive pressures, and insider selling.

Circle Internet Group (CRCL) fell 5.85% intraday as regulatory pressures, competitive challenges, and broader crypto market weakness weighed on sentiment. The stock’s decline followed mixed Q3 results, with strong revenue growth overshadowed by concerns over regulatory uncertainty and visible insider selling, which amplified investor caution. Additionally, a broader selloff in crypto-related stocks—driven by Bitcoin dipping below $90,000 and macroeconomic anxieties ahead of the Fed’s rate decision—further pressured the share price. While Circle announced product innovations like xReserve to expand USDC’s utility and partnered with dLocal to enhance cross-border payments, these developments failed to offset the negative headwinds. The market’s reaction underscores heightened sensitivity to regulatory and macro risks, even as the company advances its stablecoin infrastructure.