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

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. Circle (CRCL) rose by 2.07%.

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