On September 15, Circle Internet Corp. fell 5.34% in regular trading, trading at approximately $92.31/share, with turnover of $94.13 million. The decline came amid a broad selloff across cryptocurrency-linked equities driven by regulatory uncertainty.
On the news front, the U.S. Senate was scheduled to hold a critical procedural vote on the Digital Asset Market Clarity Act, which requires at least 60 votes to advance. Polymarket data indicated the bill's passage probability stood at only approximately 29%, underscoring significant uncertainty. The overhang weighed heavily on the broader crypto sector, with Coinbase and other major crypto-linked names declining over 5% in tandem.
Adding to the bearish sentiment, Circle executive and board member Jeremy Allaire had previously disclosed plans to sell approximately 177,701 Class A shares via J.P. Morgan Securities, with an estimated total value of around $18.13 million. The insider sale filing compounded downward pressure on the stock.
Notably, Circle had gained over 5% in the prior session, supported by its acquisition of Singapore-based Tazapay, partnerships with OKX and edgeX, and a front-of-shirt sponsorship deal with Chelsea FC — gains that were largely reversed in the current session.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)