Tonight's Circle opening has quite a divergence.
The bearish folks believe that Circle is somewhat rushing to go public, continuously raising the fundraising price and issuing more stocks, feeling like they want to cash in on this wave, even using the experience of Coinbase's price halving after its opening for this Circle situation.
On the other hand, the bullish folks are straightforward: BlackRock has bought in, stablecoin crypto legislation, the strongest stablecoin as the first stock balabala...