Circle stock whipsaws on Senate crypto bill pause — what CRCL investors are watching now
Circle shares rose 2.8% to $78.76 Friday, rebounding after a 9.7% drop, as Senate Banking delayed a key crypto market-structure bill session. Uncertainty over stablecoin “rewards” and the legislative schedule drove heavy trading. The stock moved between $75.60 and $80.00 on 8 million shares. The Senate Agriculture Committee plans to release bill text Jan. 21 and hold a markup Jan. 27.