Circle's Trading Volume Drops 44% to 20.48 Billion Ranking 34th Amid Analyst Downgrade

Generated by AI AgentAinvest Volume Radar
Wednesday, Jul 23, 2025 7:55 pm ET1min read
Aime RobotAime Summary

- Circle's trading volume fell 44.43% to $20.48B on July 23, ranking 34th despite a 2.07% stock price rise.

- Compass Point analysts downgraded CRCL, cutting price targets from $205 to $130 amid overvaluation concerns.

- Senate Banking Committee released digital asset market structure draft, following Trump's stablecoin bill and House crypto legislation.

- Stock tumbled post-downgrade despite prior 157% rally, reflecting investor uncertainty over regulatory and valuation risks.

On July 23, 2025, Circle's trading volume reached 20.48 billion, a 44.43% decrease from the previous day, ranking 34th in the day's stock market.

(CRCL) rose by 2.07%.

Circle Internet Group (CRCL) experienced a significant downturn on Tuesday, following a downgrade from

Point analysts. The analysts expressed concerns that the stock may be overvalued, leading to a notable decline in its share price. This move came after a substantial rally, with the stock having surged by 157% prior to the downgrade. The analysts at Compass Point reduced their price target for from $205 to $130, indicating a potential 40% drop from its current levels.

The Senate Banking Committee released a discussion draft on digital asset market structure, marking another step forward in cryptocurrency legislation. This development followed President Donald Trump's signing of the GENIUS stablecoin Act and the House of Representatives' passage of key cryptocurrency bills. Despite these positive legislative advancements, Circle Internet Group's stock price tumbled, reflecting investor concerns and the impact of the recent downgrade.

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