PTSD-Afflicted Crypto Investors Hit the Sell Button After Circle's Euphoric IPO

Is it 2021 all over again?Circle (CRCL) debuted to wild upside action on the New York Stock Exchange on Thursday, its shares more than tripling from the IPO price of $31. The event was the culmination of a long journey for the USDC stablecoin issuer, which had been pursuing an IPO for several years.For the crypto industry, it’s certainly a win — a sign of strong traditional investor demand and that under the Trump administration, crypto native firms really do have a path to going public.But cryptocurrencies themselves weren’t enthused source: https://www.coindesk.com/markets/2025/06/05/ptsd-afflicted-crypto-investors-hit-the-sell-button-after-circles-euphoric-ipo