Circle stock jumps 16% as Bitcoin nears $80,000 and stablecoin rewards get regulatory support

Circle Internet Group shares surged 16% following a regulatory compromise on the CLARITY Act that allows stablecoin platforms to continue offering reward programs, benefiting major players. Bitcoin's price also boosted sentiment by holding near $79,000, contributing to gains in crypto-linked stocks like Coinbase and BitGo. Technically, Circle is recovering within its 52-week range but has not yet confirmed a strong trend breakout. Investors are watching key resistance at $136.50 and support at $108.00 for future direction.