Circle ranks 3rd in US stock trading amount, following Tesla and NVIDIA

Source
Suehyeon Lee

Summary

  • Circle's stock ranked third in trading amount in the US market, following Tesla and NVIDIA.
  • Circle's trading amount was tallied at $21.4 billion, putting it shoulder to shoulder with leading tech companies.
  • TraderT warned investors to exercise caution due to concerns over increased volatility.
Photo=TraderT
Photo=TraderT

Shares of the stablecoin issuer Circle have drawn intense attention in the US market, ranking third in trading value among major tech companies.

According to TraderT on the 21st (local time), Circle recorded a trading amount of $21.4 billion (approx. ₩29 trillion) on the US stock exchanges and became the third most actively traded stock.

TraderT also noted concerns about increased volatility and urged caution. Meanwhile, Circle's circulating market capitalization is reported to be $21.7 billion.

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Suehyeon Lee

shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
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