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Circle Shares Tumble 24% in Two Days Amid Market Rationalization, Analysts Suggest
2 day ago /
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Author：小编
Just under three weeks after its public debut, the share price of stablecoin issuer Circle (CRCL.US) underwent a notable correction this week, as investor sentiment drastically waned. On Wednesday, Circle's shares dropped by 10.79%, closing at $198.62, marking a cumulative decline of 24.6% over the span of two days. In stark contrast, Coinbase (COIN.US) demonstrated robust performance, surging by 15.5% over the same two-day period, closing at $355.37 on Wednesday, nearing its all-time high from 2021.
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