Why Circle Stock Crashed 17.55% Today? 

Story Highlights* Circle stock dropped 17.55%, wiping out nearly $3.6 billion in market value in one trading session.

  • Removal from five Russell Growth Indexes triggered institutional selling and increased pressure on CRCL shares.
  • OpenUSD launched with 100% reserve yield sharing, creating fresh competition for Circle's USDC business model.
USDC-0.03%
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