#CryptoStocks THE GREAT JUMP OF CIRCLE IN THE STOCK MARKET.
What a rise for Circle (CRCL)! I have been closely following how its stock skyrocketed, surpassing $200, all thanks to the approval of the GENIUS Act in the United States Senate. For me, this law, which aims to regulate stablecoins, is a clear sign that the market has a lot of confidence in Circle, seeing it as a company that knows how to play by the rules.
In fact, Circle didn't go public long ago, on June 5 on the New York Stock Exchange, and it has already accumulated a growth of more than 300%! Right now we see it hovering around $199. Without a doubt, this confirms to me that the new regulations are opening doors and benefiting stablecoin companies like Circle.