Circle (CRCL), Robinhood (HOOD), and GameStop (GME) are three US crypto stocks showing notable moves today, after President Trump announced a major trade deal with China. CRCL is up over 6.5% in the last 24 hours and has climbed nearly 260% since its IPO, driven by strong fundamentals and bullish sentiment.
HOOD has gained 96% year-to-date, supported by strong growth in platform assets and trading volumes. GME, on the other hand, is down over 5% after reporting a sharp revenue decline in its latest earnings despite returning to profitability.
Circle Internet Group (CRCL)
Circle (CRCL) has surged nearly 260% since its Nasdaq debut and is up more than 6.5% in the last 24 hours, continuing its explosive post-IPO momentum.
Currently trading around $112, the stock has drawn attention from both institutional and retail investors, with some now speculating whether CRCL could eventually reach $300.
CRCL Price Analysis. Source: TradingView.
This bullish case is supported by Circle’s strong revenue engine tied to USDC reserves, scalable financial infrastructure offerings, and a capital-light business model that positions it as a future leader in global digital finance.
If momentum holds, CRCL could test resistance levels at $118 and $123 and potentially climb toward $138. However, if it fails to hold support at $106 or $101, downside risks could drag it back to the $76 range.
Robinhood Market (HOOD)
Robinhood Markets (HOOD) has climbed 96% year-to-date and is trading near its all-time highs, reflecting strong investor enthusiasm.
Despite this rally, the average one-year price forecast from 19 analysts is $65.26, with an implied downside of -11.13%. Still, sentiment remains largely bullish, with 12 out of 22 analysts rating it a “Strong Buy” and another six recommending “Hold.”
If current momentum continues, HOOD could soon break into new highs around the $80 mark, though a drop below the key support at $63.84 could trigger a correction.
HOOD Price Analysis. Source: TradingView.
Strong operating metrics from May 2025 support the bullish momentum. Robinhood reported a 10% monthly increase in Total Platform Assets, now at $255 billion—up 89% year-over-year.
Trading activity surged across the board, with equity volumes up 108% YoY, options contracts up 36%, and crypto volumes up 65%.
The platform maintained 25.9 million funded accounts, added $3.5 billion in net deposits, and saw securities lending revenue rise 43% YoY.
GameStop Corp. (GME)
GameStop (GME) dropped over 5% in the last 24 hours following the release of its Q1 2025 earnings report. Despite posting a net income of $44.8 million—compared to a net loss of $32.3 million in the same quarter last year—investors reacted negatively to a sharp decline in revenue.
Net sales were $732.4 million, down from $881.8 million a year earlier, signaling continued headwinds for the company’s core retail business.
While adjusted net income reached $83.1 million and operating losses narrowed significantly, a $35.5 million impairment charge tied to international restructuring and the top-line revenue miss likely weighed on sentiment.
GME Price Analysis. Source: TradingView.
So far in 2025, GME is down 8% year-to-date, with the stock now testing key technical levels. If the support at $28.35 fails to hold, it could trigger further downside toward $25.69.
The earnings report showed clear progress in cost-cutting, with SG&A expenses reduced from $295.1 million to $228.1 million, and a healthier cash position of $6.4 billion.
However, unless GameStop finds a way to reignite revenue growth, investor skepticism may continue to pressure the stock.
