City Rekt Financial News

14.06 / 01:31

markets Bitcoin Bitcoin Price Drop analysts Global Debt Support Bitcoin has support at $23K, but analysts warn of a dire drop to $8K as global debt unwinds

Bitcoin's month-long (BTC) choppy price action came to an end on June 13 after a deep market sell-off pressed the top cryptocurrency under the $29,000 support. The move took place as equities markets also sold-off sharply, hitting their lowest levels of the year.

13.06 / 10:23

markets inflation Bitcoin Bitcoin Price 2020 Weekly week Lowest weekly close since December 2020 — 5 things to know in Bitcoin this week

Bitcoin (BTC) begins a new week with a totally different feel to last as BTC/USD seals its lowest weekly close since December 2020.

08.06 / 00:11

markets Bitcoin Bitcoin Price Bitcoin price recovers $31.5K, but traders say ‘scam’ price action will bring more downside

Bitcoin's (BTC) short-term price action has been dominated by whipsaws that trigger around the $31,000 to $32,000 level and the June 6 reversal at this point triggered a quick sell-off that pushed price down to $29,200.

30.05 / 23:53

markets Ethereum Ether price analysts Ethereum price moves toward $2,000, but analysts say it’s just another ‘relief rally’

On May 30, the cryptocurrency market experienced a much-needed bounce that saw Bitcoin (BTC) climb above $30,900 and Ether (ETH) rally 5.84% to $1,930, but analysts warn that it could be too early to expect a reversal.

30.05 / 17:53

markets Bitcoin Bitcoin Price consolidation Bitcoin ‘ready’ for $32.8K after consolidation as BTC price gains 6.3%

Bitcoin (BTC) stayed higher on May 30 as early week gains saw BTC/USD retain $30,500.

26.05 / 12:49

Dogecoin markets Ethereum Bitcoin BTC price breakout due 'relatively soon' as Bitcoin volumes spook traders

Bitcoin (BTC) disappointed bulls on upside prior to the May 26 Wall Street open as BTC/USD returned under $29,000.

26.05 / 01:31

markets Federal Reserve Bitcoin analysts ‘Extreme fear’ grips Bitcoin price, but analysts point to signs of a potential reversal

The cryptocurrency market settled into a holding pattern on May 25 after traders opted to sit on the sidelines ahead of the midday Federal Open Market Committee (FOMC) meeting where the Federal Reserve signaled that it intends to continue on its path of raising interest rates. According to data from Alternative.me, the Fear and Greed Index seeing its longest run of extreme fear since the market crash in Mach 2020.

25.05 / 22:53

Ethereum XRP Cardano Bitcoin Price analysis 5/25: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, AVAX, SHIB

Bitcoin (BTC) has been struggling to sustain above $30,800 since May 16, suggesting that demand dries up at higher levels. Similarly, US equity markets have not ceased to decline due to uncertainty regarding the number of rate hikes that will be needed to bring inflation under control.

24.05 / 17:17

markets Bitcoin Bitcoin Price Support Bitcoin price may bottom at $15.5K if it retests this lifetime historical support level

Bitcoin (BTC) could be in for a return to levels not seen since before its 2020 bull market if history repeats itself.

23.05 / 17:33

markets Bitcoin Bitcoin Price open Bitcoin price coma greets Wall Street open amid signs market ‘calling for rally’

Bitcoin (BTC) stayed glued to $30,000 on May 23 as the start of Wall Street trading failed to spark volatility.

20.05 / 21:05

markets Ethereum Ether price Bearish head and shoulders pattern forces Ethereum traders to re-adjust their price targets

Crypto markets remain volatile and a handful of seasoned traders believe that the bearish trend will continue as long as stock markets are chasing new lows.

20.05 / 19:01

markets Predictions Bitcoin Bitcoin Price Drop Bitcoin 'death cross' data hints 43% drop due in BTC price bear market

Bitcoin (BTC) may fall more than 40% from last week's bottom, new data warns as one analyst confronts what he says is now a bear market.

20.05 / 00:25

markets Mining Bitcoin Contrarian Bitcoin investors identify buy zones even as extreme fear grips the market

Bitcoin (BTC) support at the $30,000 level has proven to be quite resilient amidst the turmoil of the past two weeks with many tokens in the top 100 now showing signs of consolidation after prices bounced off their recent lows.

16.05 / 21:15

markets Predictions Bitcoin Bitcoin Price analysts Analysts flag Bitcoin price levels to watch after LFG sells 80K BTC

Bitcoin (BTC) needs to hold current levels and work to reclaim higher ones to avoid a crash in the $20,000 range, the latest analysis warns.

13.05 / 01:23

markets Ethereum Ether price analysts Analysts say Ethereum price must hold this key level to avoid a capitulation-level move

The crypto market experienced another day of pain on May 12 as the fallout from the Terra's LUNA and UST failure continues to ripple across the ecosystem.

06.05 / 18:53

markets Ethereum Federal Reserve Bitcoin Bitcoin price heads under $36K as three-day losses near 12%

Bitcoin (BTC) fell further on the May 6 Wall Street open amid a warning that the U.S. equities sell-off was "not over."

06.05 / 00:01

markets Bitcoin Bitcoin Price 2020 Bitcoin drops to $35.5K as 1,000 point Dow correction marks the worst trading day since 2020

Global financial markets plunged into disarray on May 5 as the Dow Jones saw a 1,063 point drop and Bitcoin (BTC) price plummeted to $35,571 on Binance.

04.05 / 13:53

markets Federal Reserve Bitcoin Bitcoin Price BTC price gains 4% pre-Fed as MicroStrategy vows to protect Bitcoin from $21K crash

Bitcoin (BTC) saw classic “choppy” price action on May 4 with hours to go before fresh Federal Reserve cues.

02.05 / 22:41

markets Bitcoin Bitcoin Price Fed FOMC comments and Bitcoin ‘bear channel’ could kickstart a decline to $28K

The start of May has seen a continuation of the weakness in crypto and equities markets and at the moment, there is no indication of any short-term factors that could reverse the bearish trend.

29.04 / 17:25

markets Amazon Bitcoin Bitcoin Price Drop AMZN Bull run Bitcoin disappoints on bull run as AMZN stock sees biggest 1-day drop since 2014

Bitcoin (BTC) fell into the Wall Street open on April 29 as United States markets opened to volatility, including an 11% drop in Amazon stock.

26.04 / 22:53

markets Blockchain Bitcoin Altcoins sell-off as Bitcoin price drops to its ‘macro level support’ at $38K

The cryptocurrency market and wider global financial markets fell under pressure on April 26 after the hype surrounding Elon Musk buying Twitter began to fade, and concerns about the state of the global economy took the forefront again.

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