Circle Internet Financial Ltd. (NYSE: CRCL) took a beating on June 25, 2025, plunging 9% intraday to $202.60, extending its 7.48% mid-morning drop to $206.00.
Also Read – 4 Reasons Circle (CRCL) Stock is Crashing – Will It Hit $200 Next?
The slide filled a technical gap between $200-$206, formed during last week’s 750% rally from a $31 IPO to a $298.99 peak. CRCL’s market cap now stands at $44.79B, down $5B from Monday’s $49.1B. Trading volume hit 24.49M shares, signaling intense selling pressure.
The drop aligns with Cathie Wood’s ARK Invest offloading $352M in CRCL shares.
From a technical standpoint, CRCL’s RSI is at 35, inching closer to the oversold threshold of 30. The gap between $200–$206, visible in last week’s rapid rally, has now been completely filled – a move often seen as a potential bounce zone for short-term traders. However, whether this leads to a reversal or a further slide toward the $190–$200 range remains uncertain.
With institutional profit-taking, valuation concerns, and broader risk sentiment affecting fintech stocks, Circle’s near-term trajectory may depend on buyers’ willingness to defend the $200 support level.
As of now, the technical structure suggests a likely retest of $190–$200 if the stock fails to hold above today’s lows. Analysts and traders will be closely watching the close for confirmation of strength or further downside.
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Dawson Blake is a financial markets expert with over 10 years of experience, focusing mainly on stock market news and price movements. He aims to become a top-tier authority in curating stock news content that readers can trust as their go-to source for market information. Dawson enjoys breaking down market activity, company updates, and daily trends to help investors stay informed and make smarter financial decisions. His writing is simple, clear, and designed to make the stock market easy to follow for everyone.