diff --git a/CHANGELOG.md b/CHANGELOG.md
index 2b8f119c1..18258f6c5 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -14,15 +14,26 @@
 
 ### Bug Fixes
 
-- fix potentially circular import errors #1969 @williballenthin
 
 ### capa explorer IDA Pro plugin
 
 ### Development
 
 ### Raw diffs
-- [capa v7.0.0...master](https://github.com/mandiant/capa/compare/v7.0.0...master)
-- [capa-rules v7.0.0...master](https://github.com/mandiant/capa-rules/compare/v7.0.0...master)
+- [capa v7.0.1...master](https://github.com/mandiant/capa/compare/v7.0.1...master)
+- [capa-rules v7.0.1...master](https://github.com/mandiant/capa-rules/compare/v7.0.1...master)
+
+## v7.0.1
+
+This release fixes a circular import error when using capa as a library.
+
+### Bug Fixes
+
+- fix potentially circular import errors #1969 @williballenthin
+
+### Raw diffs
+- [capa v7.0.0...v7.0.1](https://github.com/mandiant/capa/compare/v7.0.0...v7.0.1)
+- [capa-rules v7.0.0...v7.0.1](https://github.com/mandiant/capa-rules/compare/v7.0.0...v7.0.1)
 
 ## v7.0.0
 This is the v7.0.0 release of capa which was mainly worked on during the Google Summer of Code (GSoC) 2023. A huge
diff --git a/capa/version.py b/capa/version.py
index 6c1fc36cf..cfd66ebbb 100644
--- a/capa/version.py
+++ b/capa/version.py
@@ -5,7 +5,7 @@
 # Unless required by applicable law or agreed to in writing, software distributed under the License
 #  is distributed on an "AS IS" BASIS, WITHOUT WARRANTIES OR CONDITIONS OF ANY KIND, either express or implied.
 # See the License for the specific language governing permissions and limitations under the License.
-__version__ = "7.0.0"
+__version__ = "7.0.1"
 
 
 def get_major_version():