[New York Focus Stock] Circle Soars on Strong Earnings and Bitcoin Rally
The share price of Circle (CRCL) rose by more than 30%. The improvement in earnings driven by the expansion of stablecoin circulation and the strong performance of Bitcoin had an impact.
![[New York Focus Stock] Circle Soars on Strong Earnings and Bitcoin Rally](http://www.asiae.co.kr/news/img_view.htm?img=2026022510183951759_1771982319.jpg)
On the 25th (local time), Circle closed at 83.14 dollars, up 35.40% from the previous trading day. However, in after-hours trading, the price fell by nearly 2%.
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Circle announced that in the fourth quarter, the circulation of its stablecoin USDC reached 75.3 billion dollars, a 72% increase compared with the same period a year earlier. It also reported revenue of 770 million dollars and earnings per share (EPS) of 0.43 dollars, driven in part by the expansion of stablecoin circulation. Revenue exceeded market expectations. The rise in Bitcoin also had a positive effect. According to CoinMarketCap, as of 8:08 a.m. on the 26th, Bitcoin was trading at 68,625.18 dollars, up 7.41% from 24 hours earlier.
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