Circle Layoffs Hit 5% of Staff in a Profitable Quarter: Why Now?

Crypto Insight Summary: Circle layoffs cut 5% of staff in Q3 as profit rose. Reserve income fell and USDC stalled. Here is why now. Crypto Insight Analysis: Direction: Bearish USDC Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Circle's layoffs, falling reserve income and stalled USDC growth signal weaker expansion but are unlikely to move the broader crypto market.