Circle shares fall 4.7% ahead of Senate crypto market-structure vote

  • Circle shares fell 4.7% in Tuesday’s pre-market trading.
  • 2:15 PM ET marks the scheduled Senate cloture vote requiring 60 votes.
  • Ark Invest sold 142,350 CRCL shares during Monday’s 7.53% rally.

Circle Internet Group shares fell 4.7% in Tuesday’s pre-market trading, dropping from Monday’s close of $97.42 to $92.81 after the stock gained 7.53% in the prior session. The pullback came ahead of a 2:15 PM ET Senate procedural cloture vote on the Digital Asset Market Clarity Act, which requires 60 votes to advance. Polymarket odds for passage have fallen from above 80% in early 2026 to approximately 16%-19%. Disputes involve ethics requirements, DeFi (decentralized finance) developer accountability, and restrictions on interest payments linked to stablecoins. The yield issue is particularly important for Circle because USDC, its stablecoin (a crypto token designed to maintain a stable value), generates revenue from reserves backing the token. Goldman Sachs raised its CRCL price target to $92 while keeping a Neutral recommendation. Coinbase shares also declined before the market opened, pointing to broader regulatory pressure across crypto-related equities. Ark Invest sold 142,350 CRCL shares worth about $13.8 million on Monday, along with 36,628 Coinbase shares valued at roughly $7 million. It also sold about $40 million of ARK 21Shares Bitcoin ETF shares and smaller stakes in Bitmine and Bullish. The Federal Open Market Committee’s rate decision is due Wednesday, with a 25-basis-point increase widely expected.

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Circle shares fall 4.7% ahead of Senate crypto market-structure vote - CoinPost Terminal