Circle Internet Group stock dropped 24.9% due to investor skepticism over valuation and revenue dependence

From Yahoo Finance: 2025-06-27 17:08:00

Circle Internet Group (NYSE: CRCL) saw its shares drop by 24.9% this week, while the S&P 500 and Nasdaq-100 rose by 3.4% and 4.2%, respectively. The company, which recently went public, is the exclusive issuer of USDC stablecoins but faced investor skepticism over its valuation. The Senate’s passing of the Genius Act last week boosted Circle’s stock, but news that Republicans want to accelerate the legislation through the House did not prevent its decline. The Federal Housing Finance Agency ordered Fannie Mae and Freddie Mac to consider cryptocurrency in mortgage risk assessments, integrating crypto into traditional finance. Despite a market cap of over $43 billion, Circle’s stock was impacted by concerns about its revenue dependence on partners like Coinbase and vulnerability to interest rate changes.



Read more at Yahoo Finance: Why Circle Internet Stock Plummeted This Week