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Circle rebounds ~50% from August low; Cathie Wood bullish

Circle’s stock has rebounded about 50% from its August low, climbing back to around $87, as Bitcoin surged over 20% in the past week. Cathie Wood tweeted that Circle will be a major beneficiary as tech disrupts the traditional world order, fueling market optimism. The rebound comes despite concerns over the OpenUSD stablecoin alliance, which had previously caused a 17% drop.

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