Circle's price rose over 6%, previously the research director of Bitwise stated that it was mispriced

During the US stock market, Circle (CRCL) stock price rose over 6%, reaching a high of $73.35 during the session, with a market capitalization of approximately $18 billion.

Recently, Bitwise Research Director Ryan Rasmussen stated that as the stablecoin market expands to trillions of dollars, Circle's value is underestimated by the market, and it will not only become a stablecoin giant but also a payment giant.