COIN and CRCL Stock Price Prediction Ahead of July 18 GENIUS Act Rule Deadline

US federal agencies, including the Federal Reserve and the Treasury, have ten days until the July 18 deadline when they are required to issue guidelines on how the GENIUS Act that was passed in July 2025, will be implemented. The implementation could have an impact on the prices of crypto stocks listed in the US, including Circle (NYSE: CRCL) and Coinbase (NASDAQ: COIN).

GENIUS Act Implementation Deadline Nears

The GENIUS Act that introduced a regulatory framework for stablecoin issuers was signed into law in July 18 2025 by President Donald Trump.

But when Congress passed the bill, they gave US financial market regulators a year to come up with rules that will govern the issuance, licensing, and management iof stablecoin.

That one-year period from when the GENIUS Act passed into law ends on July 18, 2026, and the crypto market is waiting to see the rules that the Federal Reserve, Treasury, and other regulators will come up with.

CRCL stock will most likely react to the stablecoin rules that regulators will publish because USDC is currently the biggest stablecoin by volumes per a previous CoinGape report.

These guidelines are coming out at a time when there is a gridlock over the passage of the second major crypto bill: the CLARITY Act.

Kalshi shows there is only a 46% chance that this bill is going to pass, as banks continue to oppose plans for this bill to allow firms like Circle and Coinbase to give yield to stablecoin holders, with banks saying that would make people turn away from making deposits with banks.

CRCL Stock Outlook as Downtrend Persists

CRCL stock price was down by 2.84% today, July 8, to trade at $63 at the time of writing. The drop comes as investors rush to sell after Trump said the Iran cease-fire deal was over.

CRCL stock has dropped to the support of $61 amid the ongoing selling. If the price makes three straight closes below this support of $61, it might move to the February low of 49.

The RSI reading of 34 suggests that the momentum is favoring bears, making it likely that the price of this stock might drop to 49.

The MACD indicator that is negative also shows that bears have a good grip, and they could pull the price down to 49, especially now that escalating geopolitical tensions are drawing more sellers.

COIN Stock Price Extends Decline Below Key Support Level

Just like CRCL stock, COIN price has dropped below the psychological support level of $160. If this decline continues, the shares could extend their decline and reach the June 26 low of $139.

Coinbase shares are dropping after failing to move above the obstacle of $168 on July 6. That failure suggested that the uptrend that began on June 30 was weak, and some traders rushed to sell because of fear that the rejection at $168 would cause a steeper fall.

The ADX line that is falling supports this thesis because it shows that the trend is weak, and COIN could fall to $149.

The CMF line that is negative also suggests that the momentum is favoring bears, and this further supports a bearish COIN stock outlook.

Coinbase shares will rebound if the price makes three straight closes above $168, after which bulls could aim for a move to the psychological support of $200.