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    Circle targets $7.2B valuation in upsized IPO amid rising investor demand

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    Daily Bits
    Jun 3, 2025
    2 min read
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    Daily top performer — Sophon Network (SOPH)

    The S&P 500 rose 0.41% Monday despite US-China trade tensions, with markets eyeing upcoming data and a potential Trump-Xi call. Gold rose 2.5% to a 3-week high on a weaker dollar and rising geopolitical and trade tensions. The Coindesk Indices, which tracks the broader crypto market, rose 2.33%, with Bitcoin down 0.66% and Ether up 0.52%, in the past 24 hours. Trade these markets and more with up to 500x leverage on Bybit MT5 using this link.

    Today’s top performer is SOPH, up 40.2% after Sophon teamed up with Octane to secure launches for its Canvas crypto app program.

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