Defi
Mizuho Downgrades Circle Stock as Visa Targets $300B Stablecoin Market
The Cryptonomist·July 17, 2026·1 min read
Circle Stock (CRCL) faces mounting pressure after Mizuho downgraded it, closing at $60.64 on July 16 below all key moving averages. Visa's Open USD platform adds competitive uncertainty to the $300 billion stablecoin market. The bearish regime spans daily, hourly, and intraday timeframes, signaling continued downside risk.
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