On September 16, Circle Internet Corp. fell 5.79% in regular trading, trading at $81.285/share, with turnover of $409 million. The decline extends a sharp selloff that began the prior session, when the stock dropped nearly 9% amid broad crypto sector weakness.

On the news front, the U.S. Senate scheduled a key procedural vote on the Digital Asset Market Clarity Act on September 15, requiring at least 60 votes to advance. Polymarket data showed the bill's passage probability at only approximately 29%, creating significant regulatory uncertainty across the crypto sector. Coinbase, Strategy, and other crypto-linked names fell in tandem. Adding to selling pressure, Circle executive and director Jeremy Allaire recently disclosed plans to sell approximately 177,701 Class A shares worth roughly $18.13 million via J.P. Morgan Securities.

Meanwhile, on September 16, institutional options activity signaled concentrated bearish positioning. A $2.60 million bear put spread targeting December 2028 expiration and a $2.85 million far-dated out-of-the-money put together reflected explicit expectations for medium- to long-term downside in CRCL.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)