Circle Soars on NYSE Debut, Crypto Stocks Plummet Amid Shifting Investor Focus

Circle’s successful debut on the New York Stock Exchange (NYSE) sent ripples through the crypto market, with shares surging over 168% and top crypto stocks facing significant declines. Investors are shifting their capital from established names to newer entrants following Circle’s impressive IPO performance. The stock closed at $83 after reaching a high of $104 during its debut, highlighting a notable surge in investor interest.