Circle (CRCL) began to be traded on the New York Stock Exchange (NYSE), and the price price increased by more than three times the public offering price. Circle, the US -based Stablecoin USDC exporter, has been working for a long time for the public offering. Investors showed great interest in Circle’s public offering. While the public offering price was 31 dollars, we found that the company experienced a major increase in value on the first trading day.
Circle’s public offering
Circle’s public offering is interpreted as the beginning of a new era in the crypto industry. This development is possible for traditional investors to create a positive perception of the crypto sector. In particular, it is important that the current political atmosphere in the United States removes the obstacles to the publication of companies related to crypto assets and that the concrete indicator of it is seen with CRCL supply. In the sector, Circle’s success other companies (Ripple $2.20will encourage?).
Coinbase’s public offering was met with great interest in 2021 and Bitcoin at that time 
$104,708.07‘s price reached a record level. However, after Coinbase began to be traded on the stock market, there was a decrease of up to 60 percent of Bitcoin in about two months. As a result, a long -term bear trend in the crypto market had begun and the price of Bitcoin decreased to $ 15,000 at the end of 2022. Sector representatives point out that the current decrease can be similar to the example of the past.
“Circle’s public offering is considered as an important stage of the meeting of traditional finance and the crypto world. However, in the past, the fluctuation in the markets after Coinbase’s public offering causes investors to be cautious.”
The problem is that the decrease began without seeing an increase. And the decline of June 5 has nothing to do with Circle. After Trump and Musk waged war, the powerful exposure positions on the Binance Exchange pulled the markets down.
Short -term uncertainties in the crypto market
It is not clear whether the sales pressure after Circle’s public offering will continue in a short, medium or long term. This is entirely related to the intensification of large investors on the Binance Exchange. And there was a quite ridiculous decline because the expected Chinese interview with excitement had passed as expected.
If we look at a wider frame, problems related to tariffs are solved. Inflation problem is eliminated. Employment has improved the regulatory environment for relatively good and Trump crypto currencies. Before the end of this year, the markets should really live a period of rise.
The current developments point to a period in which the interest of traditional financial institutions and investors in the crypto sector increased. Circle’s public offering is considered a concrete indicator of this interest. For investors, carefully monitoring price movements in the coming period and inference from past experiences stands out as an important strategy. While such moves may be remarkable in terms of integration of the sector with the traditional financial structure, it requires cautious due to price volatility.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
