#加密概念美股

Workers Watch Circle Soar: Is the Crypto IPO an Opportunity or a Bubble?

As a worker, while carrying bricks every day, I am also paying attention to the crypto boom in the US stock market. Circle (CRCL) surged 34% due to the passage of the GENIUS Act, reaching a historic high with a market cap exceeding 48 billion! This act established a regulatory framework for stablecoins, and the market went wild, with Circle's IPO price jumping from $31 to $200, a 540% increase! It's really tempting to look at, feeling like crypto stocks are about to explode.

But on second thought, is this surge driven by real demand or speculation? The stablecoin market is indeed large, with a scale of 256 billion. Circle's USDC has strong compliance, making it popular among institutions. However, the trading volume skyrocketed, and Ark Invest even cashed out 3 million shares, indicating that speculative funds are driving the momentum. Workers have little money and are afraid of being cut off if they chase high prices.

Circle is hot, and Coinbase also rose 16%. Next, Kraken and Ripple might also want to IPO to cash in. But the Federal Reserve's interest rate cuts could lower stablecoin yields, which poses significant risks. We workers still need to be cautious, investing a little in ETFs and saving our salaries for a good meal is more practical!