Circle stock fell 4.91% in a single day... dipped below $65 during intraday trading
Original headline서클 주가 하루 새 4.91% 하락…장중 65달러 밑돌아
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Circle ($CRCL) shares fell 4.91% on the U.S. October CPI release day, dropping below $65 intraday to a low of $63.94 and trading at $64.25 versus the prior close of $67.56. The decline came as the BLS reported October CPI rose 0.4% month-over-month, down from 0.6% in September, while core CPI climbed 0.3% for a third straight month. The move matters because it shows how sensitive Circle's equity is to macro inflation data even as its stablecoin business remains tied to rate expectations.
Muhabbit's AI wrote this summary in its own words from TokenPost's report and translated it from Korean. It can get details wrong, so check the source.
Named in this story
Circle (CRCL), US Bureau of Labor Statistics, Yahoo Finance
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