Circle Stock Surges 18% as CLARITY Act Compromise Moves Markets

1 min read
Source: TipRanks
Circle Stock Surges 18% as CLARITY Act Compromise Moves Markets
Photo: TipRanks
TL;DR

Circle (CRCL) jumped about 18% after lawmakers reached a weekend compromise on the CLARITY Act that curbs passive stablecoin deposits but preserves rewards tied to user activity; the development also boosted Coinbase and other crypto names, and analysts see a Moderate Buy on CRCL with upside around mid-teens (roughly 16%) to a target of about $136.56.

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