Citigroup has cut its price targets for both major cryptocurrencies again, but the detail that matters is buried under the "downgrade" headline: even the reduced targets still sit well above where Bitcoin and Ether trade today.
Alexander Zdravkov
Journalist
Alexander Zdravkov is a market analyst and crypto journalist with interests in economics, broader financial markets and digital assets. His journey into crypto began more than four years ago, driven by a fascination with the rapid evolution of blockchain technology and the transformative potential of decentralized finance. He began analyzing market cycles and identifying emerging trends before they reach the mainstream. He holds a degree in International Relations - a background that helped shape his broader perspective on global economics, geopolitics, and the interconnected nature of modern financial markets. Whether covering the latest developments in the crypto sector or exploring broader macroeconomic themes, Alexander focuses on giving readers context rather than simply repeating headlines. During his career, he has authored more than 5,000 articles covering cryptocurrencies, traditional finance, and global market developments. His work spans everything from Bitcoin and altcoins to macroeconomic trends influencing risk assets worldwide.
Latest articles by Alexander Zdravkov
A new stablecoin is launching with one of the broadest backer lists the sector has seen. Open Standard announced Open USD, a stablecoin supported by a consortium of more than 140 financial and crypto companies.
A fraud that used a fabricated cryptocurrency ecosystem as one of its central vehicles has ended in a 30-year prison sentence.
Stablecoin exchange activity has dried up in both directions, near its lowest since July 2025, after one large May outflow that hasn't returned since.
Bitcoin is once again testing $60,000 as a historically large wave of coins moves onto exchanges and whale signals pull in two directions at once.
At $71 at the time of writing, SOL trades below every major moving average in a downtrend that's run since October 2025, but it's also resting directly on top of the largest concentration of recent buyers in its history.
Two on-chain signals are flashing together: long-term coins that move are now changing hands at a loss, and the profit/loss ratio of spent coins sits at bear-market lows.
Chainlink is sitting near its 2026 lows, and its on-chain data is doing something that doesn't usually happen at the bottom of a selloff.
Macro investor Raoul Pal has a clear answer to the question hanging over the market: this isn't the end of the crypto cycle, it's the middle of it.
Binance is winding down its crypto services across the European Union from July 1, 2026, after failing to secure the license it needs to keep operating in the bloc.
Bitcoin and Ethereum are clawing back ground after a brutal session. BTC has bounced to $61,742 from a low of $59,010, and ETH sits at $1,652 after touching $1,550. The recovery is real, but it's happening against a backdrop of $1 billion in liquidations over 24 hours, one of the three largest liquidation events of the past 90 days.
Bitcoin has broken below $61,000, trading around $60,890 at the time of writing, down 2.25% on the day and 6.24% on the week.
