Circle Internet Corp. (CRCL) surged 5.02% during intraday trading on Wednesday, buoyed by investor enthusiasm following a bullish endorsement from Kevin O’Leary and a broader crypto market rally.
Renowned investor and "Shark Tank" star Kevin O’Leary highlighted his investment in CRCL as part of his strategy to own crypto infrastructure alongside assets like Bitcoin. His comments reinforced confidence in CRCL's role in the crypto ecosystem.
Additionally, CRCL benefited from a rally in crypto stocks as Bitcoin rebounded sharply, rising 6.87% to $92,962.55. The broader market sentiment toward risk assets, including cryptocurrencies, contributed to the upward momentum for CRCL and its peers.
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