Arc mainnet launch with major backers lifts Circle stock toward $88.01 resistance

- Circle stock rose 5.25% to $84.67 today following the launch of the Arc mainnet and the addition of new institutional partnerships.
- The stock is currently trending toward a resistance level of $88.01, which is a price point where selling pressure typically increases.
- This momentum indicates growing investor confidence in Circle's infrastructure and its ability to attract major financial backers.
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