CRCL is trading 5% up today at $113.67 as Aletheia Capital reiterated its Buy rating and $160 price target following a new USDC distribution deal with derivatives DEX Hyperliquid.
- The move extends Thursday’s rally, driven by the strategic partnership to expand USDC distribution within the decentralized finance ecosystem.
- Broader market sentiment is providing additional support, with Bitcoin, Ethereum, and major equity indices all trading modestly higher today.