Circle Wins US National Trust Bank Approval as Bitcoin Eyes $56K

Bitcoin's price is expected to hold above $56,000 on July 13, supported by upcoming June CPI inflation data and major bank earnings reports. Circle received final approval from the U.S. Office of the Comptroller of the Currency for its national trust bank, a first for stablecoin issuers, signaling growing regulatory acceptance.

Additionally, WisdomTree launched its first NYSE-listed ETF, reflecting increased interest in crypto exchange-traded products. Investors will watch inflation and earnings outcomes closely, as positive data could bolster Bitcoin prices, while surprises may increase volatility.