$USDC Cryptocurrency Concept in US Stocks (such as Coinbase, MicroStrategy) Has a Strong Correlation with the Crypto Circle:

1. **Sentiment Transmission**: The price fluctuations of related US stocks directly affect market confidence in cryptocurrencies, and dramatic rises and falls can easily lead to imitation in the crypto circle;

2. **Capital Inflow**: Traditional investors participate in the crypto market indirectly through US stocks, and their capital flow may boost or withdraw liquidity from the crypto market;

3. **Regulatory Barometer**: Changes in US policies (such as ETF approvals, regulatory lawsuits) will be reflected through US stocks and quickly transmitted to global cryptocurrency prices.

**Risk Warning**: Be cautious of excessive speculation in the US stock market magnifying volatility in the crypto circle, as short-term sentiment can easily deviate from fundamentals.