Circle Stock Forecast as its Revenue Growth Slows and USDC Supply Falls to $70 Billion

BitMine stock remained under pressure as Ethereum ETF withdrawals continued and ETH traded near $2,300. BMNR closed at $22.05 on Oct. 28, down substantially from its reported September peak. The decline increased attention on BitMine’s cryptocurrency treasury and staking revenue. Meanwhile, technical indicators raised the possibility of another retreat toward $20. CRCL stock wavered after the company published its financial results, which showed that its revenue growth continued to moderate amid the crypto winter. Its revenue rose by 17% to $865 million from a year earlier, helped by the 8% increase in the USDC in circulation.