Circle Stock, Bitcoin Brace for CPI Volatility

Circle stock (CRCL) extended its rebound to $68.18 as investors positioned for the U.S. July CPI release, which could swing Fed rate-cut expectations and broader risk appetite. Bitcoin also strengthened above $65,000, reflecting the same sensitivity to inflation and interest-rate expectations. The article frames Wednesday’s CPI as the week’s key catalyst: a softer reading may boost risk assets, while hotter inflation could pressure crypto and equities by reducing odds of easier policy. Near term, CRCL is testing resistance around $68.50, with upside targets at $70 and $72 if momentum continues. Support sits at $67.50, then $65 and $63.28. Additional macro data this week, including PPI, jobless claims, retail sales, and consumer sentiment, could add volatility across crypto markets and growth stocks.