Stablecoin concept stock Circle rebounded strongly at the beginning of the session, attracting market attention
The stablecoin concept stock Circle rebounded strongly at the beginning of the session and is now up nearly 10% at $217. After falling for two consecutive days, Circle (CRCL.US) stock price rebounded sharply on Thursday, rising nearly 8% to $214.42. Previously, Circle's stock price plunged 5.14% intraday, triggering investors to discuss its valuation. The analysis believes that it is a normal adjustment after the rapid rise in the early stage, but there are warnings of over-valuation and IPO speculation. The market is undergoing a rational correction.