Markets
Circle (CRCL) Stock Drops 7% After Senate Kills Crypto Bill — But Analysts Stay Bullish
CoinCentral·September 17, 2026·1 min read
Circle's CRCL stock fell 6.8% after the Senate failed to advance the CLARITY Act, but TD Cowen reiterated a Buy rating and raised its price target to $92 from $87. The Fed's 25-basis-point rate hike could boost reserve income from USDC backing. Circle launched Arc's public mainnet on September 16 with 100+ partners.
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