Regulatory developments around cryptocurrency legislation have driven notable volatility in Circle’s price. Reports of a delay in crypto-related bills weighed on markets, sending Circle down 10%.
Conversely, optimism that the crypto bill could pass lifted sentiment, with Circle rebounding 19%. Additional headlines showed that the House failed to propose crypto legislation, causing a 5% drop, before the Senate passed a crypto measure and Circle surged another 34%.
In total, Circle has surged 542% since listing, reflecting investor sensitivity to regulatory progress and legislative outcomes. The ongoing dynamics underline how policy milestones can drive sharp, rapid shifts in crypto-linked assets.
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