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Amid geopolitical tensions, crypto-related stocks followed the strengthening of Bitcoin, with Circle’s stock price surging 58% year-to-date, and an institution raising its target price to $136.

Amid geopolitical tensions, crypto-related stocks followed the strengthening of Bitcoin, with Circle’s stock price surging 58% year-to-date, and an institution raising its target price to $136.

Against the backdrop of ongoing tensions in the Middle East and a rebound in cryptocurrency prices, stock prices of listed companies related to stablecoins and digital assets have generally strengthened recently.

Against the backdrop of ongoing tensions in the Middle East and a rebound in cryptocurrency prices, the stock prices of listed companies related to stablecoins and digital assets have generally strengthened recently. Among them, $Circle (CRCL.US)$has emerged as one of the standout winners in the industry. Multiple institutions believe that with the expanding use cases for stablecoins, the company’s stock price still has room for further growth.

In its latest research report, the U.S. investment bank Clear Street upgraded Circle’s…

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