Circle Internet Group Stock Rises After Hours As Crypto Rally Gains Momentum

Circle Internet Group Inc. (NYSE:CRCL) shares are trending on Thursday.

Shares of the New York-based fintech company jumped 2.37% to $80.45 after the bell Wednesday.

In the regular session, CRCL climbed 9.56% to $78.59, according to Benzinga Pro data.

The stock move came as a broad rally swept crypto-linked names, fueled by falling Treasury yields and optimism ahead of a White House meeting between President Donald Trump and crypto industry executives.

Treasury Buyback Pulls Yields Lower

The Treasury Department is boosting its bond-buyback program, raising the floor on long-dated purchases to $4 billion starting in September.

That shift pulled the 30-year yield down to about 5.2% and the 10-year to 4.65%.

Bitcoin (CRYPTO: BTC) surged nearly 8% to touch $70,000 on Wednesday, its highest level since early June, as part of the same rally that lifted crypto-linked stocks, including Circle.

Trump-Crypto Meeting Lifts Sentiment

Trump’s planned White House meeting, following the Securities and Exchange Commission‘s abrupt cancellation of a related session, raised hopes for legislative clarity via the CLARITY Act.

At the summit, Trump has urged Congress to pass the CLARITY Act, calling it structured legislation that would keep the U.S. ahead of China.