{"id":35085,"date":"2026-07-21T20:40:19","date_gmt":"2026-07-21T20:40:19","guid":{"rendered":"https:\/\/bitunikey.com\/news\/bitcoin-sends-crcl-bmnr-and-mstr-soaring-before-fed-showdown\/"},"modified":"2026-07-21T20:40:42","modified_gmt":"2026-07-21T20:40:42","slug":"bitcoin-sends-crcl-bmnr-and-mstr-soaring-before-fed-showdown","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/bitcoin-sends-crcl-bmnr-and-mstr-soaring-before-fed-showdown\/","title":{"rendered":"Bitcoin sends CRCL, BMNR and MSTR soaring before Fed showdown"},"content":{"rendered":"<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">Bitcoin\u2019s move above $66,000 has lifted CRCL, BMNR and MSTR by as much as 8.6% as investors position for the Federal Reserve\u2019s July meeting.<\/p>\n<div id=\"cn-block-summary-block_e82d03ab64a201a3d24467c5536caf35\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>Bitcoin\u2019s move above $66,000 lifted CRCL, BMNR and MSTR during Tuesday\u2019s trading.<\/li>\n<li>CRCL and BMNR broke descending resistance, while MSTR reclaimed the key $100 level.<\/li>\n<li>The Federal Reserve\u2019s July decision could determine whether the three stock rallies continue.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>According to data from crypto.news, Bitcoin climbed past $66,000 on July 21, while Ethereum traded above $1,900 and XRP recovered beyond $1.14. The combined value of all cryptocurrencies increased 2.08% within 24 hours to reach $2.26 trillion.<\/p>\n<p>Stocks tied to digital assets followed the market higher during Tuesday\u2019s session. Circle Internet Group gained 8.6%, BitMine Immersion Technologies advanced 3.61%, and Strategy rose 4.22%, according to the daily TradingView charts supplied with the report.<\/p>\n<p>Investor interest also increased as U.S. lawmakers moved closer to establishing clearer rules for digital assets. As such, expectations surrounding the CLARITY Act supported companies with direct exposure to cryptocurrency prices, stablecoin activity and corporate crypto holdings.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<h2 class=\"wp-block-heading\">Crypto strength has lifted all three stocks<\/h2>\n<p>Circle Internet Group recorded the largest gain among the three companies, with CRCL closing at $71.08 after opening at $68.94. TradingView data showed that the stock reached an intraday high of $72.68 and a low of $68.65 before ending the session 8.6% higher.<\/p>\n<p>CRCL also moved above the upper boundary of a descending channel that had controlled its price since early June. The supplied daily chart places the former channel resistance near $65, making that level the first area buyers may need to defend if the breakout faces a retest.<\/p>\n<figure class=\"wp-block-image size-full\"><figcaption class=\"wp-element-caption\">Circle daily price chart \u2014 July 21 | Source: TradingView<\/figcaption><\/figure>\n<p>Momentum indicators support the recovery, although money flow remains a concern. CRCL\u2019s Aroon Up reading reached 85.71%, while Aroon Down fell to zero, which the TradingView chart identifies as stronger upward momentum; however, the Chaikin Money Flow reading remained negative at -0.25, showing that buying pressure has not yet produced sustained capital inflows.<\/p>\n<p>Based on the visible chart structure, the next resistance range sits between $75 and $80. A move back below the broken channel boundary near $65 would weaken the breakout, while the recent base around $60 provides the next visible support area.<\/p>\n<p>BitMine Immersion Technologies closed at $17.23, rising 3.61% after trading between $16.69 and $17.24. The advance came as investors assessed BitMine\u2019s latest Ethereum purchases and its share-repurchase program ahead of the Fed meeting.<\/p>\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"1827\" height=\"954\" src=\"https:\/\/bitunikey.com\/news\/wp-content\/uploads\/2026\/07\/1784666419_64_Bitcoin-sends-CRCL-BMNR-and-MSTR-soaring-before-Fed-showdown.webp.webp\" alt=\"BMNR stock clears descending trendline resistance near $17.23 as RSI rises toward 59 and the Supertrend turns bullish.\" class=\"wp-image-14473995\"  ><figcaption class=\"wp-element-caption\">BitMine daily price chart \u2014 July 21 | Source: TradingView<\/figcaption><\/figure>\n<p>According to the company figures cited in the report, BitMine acquired another 7,430 ETH during the week, raising its holdings to 5.78 million tokens. The company has staked 4.92 million ETH, equal to about 85% of its Ethereum treasury, while its combined crypto assets, cash, and investments stood at $11.5 billion.<\/p>\n<p>BitMine also repurchased 5.5 million shares at an average price of $15.62, according to the same company update. Its daily chart showed BMNR breaking above a descending trendline that had capped the stock since May, while the price also crossed the Supertrend level at $16.53.<\/p>\n<p>BMNR\u2019s Relative Strength Index rose to 58.71, compared with its signal average of 47.17, according to TradingView. Since the RSI remains below the 70 overbought threshold, the indicator leaves room for an advance toward the visible $18 resistance, followed by the previous consolidation area near $20; a close below $16.53 would weaken the reversal setup, with additional support shown at $13.83.<\/p>\n<p>Strategy shares ended Tuesday at $101.95 after rising 4.22%, TradingView data showed. MSTR traded as high as $104.60 and briefly fell to $99.95, but buyers returned around the psychologically important $100 level before the close.<\/p>\n<p>Michael Saylor disclosed that Strategy increased its U.S. dollar reserves by $225 million, bringing the company\u2019s cash reserve to $3.2 billion. The report also placed Strategy\u2019s Bitcoin holdings at 843,775 BTC, keeping MSTR closely exposed to changes in the cryptocurrency\u2019s market value.<\/p>\n<h2 class=\"wp-block-heading\">Fed guidance will test the new breakouts<\/h2>\n<p>MSTR has reclaimed the Bollinger Bands midpoint at $94.79 and is approaching the upper band at $105.36, according to the supplied daily chart. A confirmed move above that upper boundary could open the area around $110, while a rejection would keep $100 and the middle band near $95 as the first support levels.<\/p>\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"1827\" height=\"954\" src=\"https:\/\/bitunikey.com\/news\/wp-content\/uploads\/2026\/07\/1784666419_3_Bitcoin-sends-CRCL-BMNR-and-MSTR-soaring-before-Fed-showdown.webp.webp\" alt=\"MSTR stock reclaims the $100 level and Bollinger midpoint, approaching upper-band resistance near $105 as trend strength remains weak.\" class=\"wp-image-14473996\"  ><figcaption class=\"wp-element-caption\">MSTR daily price chart \u2014 July 21 | Source: TradingView<\/figcaption><\/figure>\n<p>Despite Tuesday\u2019s recovery, MSTR\u2019s Average Directional Index stood at 18.77. TradingView\u2019s indicator reading shows that the stock does not yet have a strong directional trend, leaving the breakout vulnerable if Bitcoin loses momentum or the Fed delivers a more restrictive policy message.<\/p>\n<p>The Federal Reserve is scheduled to meet on July 28 and 29, with markets expecting policymakers to leave interest rates unchanged, according to the report. Investors will instead examine Chair Kevin Warsh\u2019s comments for clues about inflation, economic growth and the timing of future policy changes.<\/p>\n<p>A balanced policy message could help Bitcoin and crypto-linked equities preserve Tuesday\u2019s gains. More hawkish guidance could encourage profit-taking, placing CRCL\u2019s channel breakout, BMNR\u2019s Supertrend reversal and MSTR\u2019s recovery above $100 under immediate pressure.<\/p>\n<div class=\"cn-block-disclaimer\">\n<div class=\"cn-block-disclaimer__icon\">\n            <svg class=\"icon icon-info\" aria-hidden=\"true\"><use xlink:href=\"#icon-info\"><\/use> <\/svg>        <\/div>\n<p class=\"cn-block-disclaimer__content\">\n            Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.        <\/p>\n<\/p><\/div>\n<p><!-- .cn-block-disclaimer --><\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin\u2019s move above $66,000 has lifted CRCL, BMNR and MSTR by as much as 8.6% as investors position for the Federal Reserve\u2019s July meeting. Summary Bitcoin\u2019s move above $66,000 lifted&hellip;<\/p>\n","protected":false},"author":1,"featured_media":35086,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-35085","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/35085","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=35085"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/35085\/revisions"}],"predecessor-version":[{"id":35087,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/35085\/revisions\/35087"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/35086"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=35085"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=35085"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=35085"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}