According to Artemis analysis, CRCL's stock price plummeted 20% on Tuesday, marking its biggest single-day drop since its listing, wiping out $5 billion in market value overnight; trading volume reached 56.4 million shares, almost four times its 90-day average trading volume; the main trigger was the new draft of the Clarity Act, which would stifle passive stablecoin yields.
CRCL plunged 20% in a single day, wiping out $5 billion in market value.
This article is machine translated
Show original
Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments
Share
Relevant content






