#CryptoStocks 📈 Circle Internet Group (CRCL)

Current performance: trading at ~$199.6; reached peaks of ~$216 and lows of $148 in the session of June 19.

Since IPO: debuted on June 5 at $31; has risen over 500 % since then, reaching ~+$544 % and +34 % only after the GENIUS Act.

Valuation & risks: Seeking Alpha analysts warn of a high valuation, revenue pressure from shared agreements (USDC), and potential dilutions.

📊 Coinbase Global (COIN)

Current price: around $295 after trading at highs of $299.

Boost from the GENIUS Act: rose between 11 % and 17 %, driven by expectations of stablecoin usage and clear regulations.

Admission to the S&P 500: Coinbase was the first crypto-native to enter the index in mid-May, improving access and liquidity.

Market outlook: although it has been surpassed by more diverse platforms like Robinhood, it remains one of the most directly linked to crypto.

🔍 Market comparison and context

Company Exposure Recent catalysts Considerations

Circle (CRCL) USDC issuer IPO +500 %, GENIUS Act High valuation, dilution risk

Coinbase (COIN) Exchange + USDC GENIUS Act +17 %, entry to S&P 500 Direct exposure, but more volatility

🧭 Other “crypto stocks” to watch

Mining stocks like Marathon (MARA) and Gryphon Digital experienced strong rebounds after the recent rise of Bitcoin (~$112K).

Hybrid platforms like Block (formerly Square), MicroStrategy, Robinhood, or Bakkt — with exposure to crypto or mining — also become relevant.