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Circle (CRCL) Gets $230 Price Target From Bernstein, Leads Crypto Stocks To Watch This Week
Circle (CRCL) Gets $230 Price Target From Bernstein, Leads Crypto Stocks To Watch This Week
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BTCCSquare news:
Bernstein analysts project a $230 price target for Circle Internet Group stock (CRCL), citing a 10-year discounted cash FLOW model. The firm views CRCL as a must-hold asset for exposure to the next-generation financial infrastructure.
Stablecoins are positioned for exponential growth, with Bernstein forecasting a $4 trillion market cap within a decade—a 16x increase from current levels. This Optimism stems from stablecoins evolving beyond crypto markets into broader internet-based payments and tokenized capital markets.
Despite a weekend pullback, CRCL remains a top performer among crypto equities. The stock's resilience reflects growing institutional confidence in stablecoin adoption amid improving regulatory clarity.
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