COIN, BMNR, CRCL & MSTR Stock Price Prediction: Another Crash or Recovery?

Muthoni Mary
Muthoni Mary

Muthoni Mary

Market Analyst
Muthoni Mary is a seasoned crypto market analyst and writer with over three years of experience decoding blockchain trends, price movements, and market dynamics. She holds a Bachelor’s Degree in Commerce (Finance) from Kenyatta University, blending a solid academic foundation with a sharp eye for technical analysis and a deep understanding of on-chain data. Her work delivers clear, data-driven insights that empower investors to navigate the fast-evolving digital asset space with confidence. When she’s not analyzing the markets, Mary enjoys reading and travelling.
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CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
4 Crypto Stocks to Watch this Week
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Highlights

  • Crypto stocks are facing bearish pressure amid an ongoing selloff across equities.
  • CRCL has dropped to a 6-month low while COIN stock is trading below $160 support level.
  • MSTR and BMNR stock prices have defied the bearish sentiment and are gaining.

Crypto stocks have been under bearish pressure as the sell-off in the AI market weighs on prices. Coinbase (NASDAQ: COIN), Bitmine (NYSE: BMNR), Circle (NYSE: CRCL), and Strategy (NASDAQ: MSTR) all closed lower on July 17, with traders now watching to see what is next for these stocks in the coming week: a crash or a recovery.

COIN Stock Price Tests Key Support Ahead of Earnings

COIN stock price dropped by 2.10% on July 17 to close trading at $157. During the day, this stock has dropped to test the support of $152.

The drop comes as Openheimmer trimmed its COIN stock target to $209, warning that the Coinbase exchange could report weak earnings on July 30 because crypto trading volumes on the exchange have dropped.

JPMorgan also trimmed its target for Coinbase shares and warned that the partnership deal with Hyperliquid will dent the revenues that the exchange gets from stablecoins.

The RSI reading of 47 on COIN’s one-day chart warns that the momentum is favoring bears as other crypto stocks like MSTR also inch lower.

COIN Stock Outlook After Recent Dip
COIN Price Chart (Source: TradingView)

If this decline continues, the shares might drop to the June 26 low of $139. Hence, COIN faces another crash, especially if its Q2 earnings disappoint and Wall Street continues to trim the stock’s target.

BMNR Stock Defies Bearish Outlook Amid Strong Earnings

BMNR stock outperformed other crypto stocks including MSTR after gaining by 1.62% on July 17 to close trading at $15.

The gains come after Bitmine reported $46 million in revenues for Q3 2026. This revenue was a 22 times increase from the $2.05 billion that the company reported in Q3 2025.

$45.7 million of the revenue that was generated during the period from March 2026 to May 2026 came from Bitmine staking Ethereum.

Still, Bitmine is sitting on a heavy unrealized loss of $9 billion on the Ethereum it holds. This is the loss it would incur if it sells all the ETH that it holds today.

But the 22 times increase in revenue was not enough to lift the sentiment because the MACD line that is negative suggests the momentum is still favoring bears.

BMNR Stock in Focus After Recent Revenue Surge
BMNR Price Chart (Source: TradingView)

The price of this stock could drop to the psychological support of $10 if the buying pressure that came from the positive Q3 revenues reaches exhaustion.

CRCL Stock Hits 6-Month Low on Regulatory Headwinds

CRCL stock price dropped to $58 on July 17. This is the lowest price that the stock has traded at since February 2026.

The drop comes despite ARK Invest doubling down on Circle shares after buying $17.8M worth of CRCL stock.

But that drop is not unique to CRCL stock because MSTR and COIN stocks also shed their gains on July 17.

However, the ongoing concerns about stablecoin yields in the CLARITY Act are weighing more on Circle as the market becomes less convinced that the bill will pass.

The AO bars that have turned red suggest that bears have tightened their grip, and the price of circle shares as the selling pressure becomes more than the buying pressure.

CRCL Price as Bearish Pressure Grows
CRCL Price Chart (Source: TradingView)

CRCL stock might drop to the psychological support of $50 if sellers remain in control. But if the CLARITY Act passes next week, like the US House Chair Bryan Steil says, the stock could recover.

MSTR Stock Fails to Recover Despite STRC Recovery Plan

MSTR stock price also defied the bearish outlook of crypto stocks after gaining by 0.9% on July 17 to close trading at $94.

The gains occurred despite the CEO of Strategy, Phong Le, saying that the company will not buy more Bitcoin until the STRC preferred stock gets back to its $100 par value.

Strategy shares might drop to the June 26 low of $81 US stock indices like the NASDAQ 100 continue to drop, pulling this stock down.

But the AO bars are printing a bullish divergence because they are green and shrinking in size despite the price dropping from $101 on July 15 to $94 on July 17.

MSTR Stock Outlook as Bearish Pressure Grows
MSTR Price Chart (Source: TradingView)

The shrinking bars suggest bears are losing their grip, and this might pave the way for MSTR stock to recover ahead of the Q3 2026 earnings that come out on July 30.

Investment disclaimer: The content reflects the author's personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
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Frequently Asked Questions (FAQs)

1. Why are crypto stocks falling?

Crypto stocks are dropping as the bearish sentiment in the broader crypto market continues to weigh on price.

2. Can COIN and CRCL stocks recover?

COIN and CRCL stocks could recover if the broader market sentiment shifts to favor bulls.

3. Why are BMNR and MSTR stocks gaining?

BMNR stock is gaining after bitmine posted a 22 times increase in revenue, while Strategy's recent restructuring is also driving gains for MSTR.

Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

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24 Hours volume

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Market Cap

$1.29T

Max Supply

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About Author
About Author
Muthoni Mary is a seasoned crypto market analyst and writer with over three years of experience decoding blockchain trends, price movements, and market dynamics. She holds a Bachelor’s Degree in Commerce (Finance) from Kenyatta University, blending a solid academic foundation with a sharp eye for technical analysis and a deep understanding of on-chain data. Her work delivers clear, data-driven insights that empower investors to navigate the fast-evolving digital asset space with confidence. When she’s not analyzing the markets, Mary enjoys reading and travelling.