Circle stock (CRCL) climbed to $68.18 on Monday, August 10, extending its recent recovery as investors prepared for a crucial U.S. inflation report. Bitcoin also strengthened, trading above $65,000 as markets reassessed Federal Reserve interest-rate expectations. The U.S. Bureau of Labor Statistics is scheduled to release July Consumer Price Index (CPI) data at 8:30 a.m. ET on Wednesday, August 12. Economists expect annual headline inflation to ease to 3.4%. A softer-than-expected CPI reading could strengthen expectations for lower interest rates and support risk assets, including Circle… Read more
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