After news like this—Circle will start reducing the limits for the old USDC cross-chain protocol CCTP V1 on October 31 and suspend the contract on December 1—I first watch the flow of funds, then the price.
It's not uncommon for prices to spike and then fall back on the day good news comes out, so don't jump to conclusions based on the headlines alone.
$BTC latest 78014.01.

Just my personal opinion, not investment advice.