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via The Block · By The Block Editorial

Bernstein maintains $190 Circle price target as $222 million ARC presale cushions rate pressure

ARC

ARC/USDT

$0.08924
+10.04%
24h Volume

$8,350,757.51

24h H/L

$0.08987 / $0.07946

Change: $0.01041 (13.10%)

Funding Rate

+0.0144%

Longs pay

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Volume (24h): -

TB
The Block Editorial
(09:07 AM UTC)
1 min read
JM
Verified byJames Mitchell
884 views
0 comments

Analysts at research and brokerage firm Bernstein maintained their Outperform rating on Circle Internet Group (CRCL) with a $190 price target, pointing to a $222 million ARC token presale and resilient USDC supply as offsets to declining interest income.

Circle shares closed at $131.76 on Monday, according to The Block's CRCL price page, with Bernstein’s price target implying about 44% upside…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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The Block Editorial · The Block

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