Stock market enjoys Circle bounce as BTC, USD surge while gold slips 📈
Circle, a New York-based crypto company, sent markets soaring into rally mode as its shares jumped 48% following its massive debut on the New York Stock Exchange (NYSE).
The stock reached $123.49 at its peak, nearly quadrupling its initial offering price of $31. This momentum has placed Circle's fully diluted valuation at an impressive $32.1 billion.
This significant market movement demonstrates the growing influence of crypto-related companies in traditional financial markets.
Source: www.cryptopolitan.com ↗
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