Shares of Circle Internet (CRCL) fell in early morning trade on Monday after Morgan Stanley downgraded the stock, adding to pressure from a broader selloff in crypto equities as Bitcoin (BTC) slipped below $63,000 and the CLARITY Act remained stalled in Congress.

CRCL stock fell over 5% in pre-market trade, leading losses among crypto-linked large caps. On Stocktwits, retail sentiment around the USDC (USDC) stablecoin issuer trended in ‘bearish’ territory over the past day. Sentiment around USDC also remained in the ‘bearish’ zone.

Meanwhile, Bitcoin’s price fell 0.8% in the last 24 hours to below $63,000. Retail sentiment around the apex cryptocurrency on Stocktwits also trended in ‘bearish’ territory over the past day.