Circle falls after mixed earnings as revenue misses expectations

AI Summary Circle Internet Group (NYSE: CRCL) dropped close to 4% in early Wednesday trading after its second-quarter profit came in above Wall Street forecasts while revenue fell short. Stablecoin demand also rose during the quarter as fresh conflict in the Middle East made crypto markets more volatile. Traders cut exposure to riskier tokens and parked more... fulltext: 352 chars | fulltext source: rss-fallback | summary method: extractive Original: https://www.cryptopolitan.com/circle-crashes-after-earnings/ Source: CryptoPolitan