Citigroup initiated a 'Buy' rating on Celsius Network while Jerome Powell signaled dovishness, calming markets.

The entities involved

• Celsius Network →

  UK company operating a cryptocurrency loan and exchange platform

  • Ionic Digital Inc. is focusing on Bitcoin production using Celsius assets at mining facilities in New York and Texas.Mon 06:11
  • Traders are migrating from defunct BitMEX to platforms like Bybit, and the Celsius estate has sued BitMEX over liquidation losses.Thu 00:13
• Citigroup →

  American investment bank and financial services corporation

  • Citigroup provided analyst ratings and targets for Autodesk stock, which trades on Nasdaq.Mon 11:05
  • Citigroup and Jefferies Financial Group downgraded the stock rating for Yara International on June 26, 2026.Mon 10:14
• Jerome Powell →

  president of the FED

  • The Federal Open Market Committee (FOMC) is the policy-setting body of the FED, with reports detailing Trump's influence on nominations.Mon 14:19
  • Donald Trump criticized Jerome Powell regarding the reluctance to implement interest rate cuts.Mon 07:46

Related events

• Multiple financial institutions, including Citigroup, Royal Bank of Canada, and Deutsche Bank, issued rating changes and set target prices.Sep 12
• Truist Financial and Citigroup provided buy ratings and price objectives for Crown stock.Aug 19
• Dovish remarks made on September 3, 2025, eased market concerns regarding high interest rates, involving the FED and Jerome Powell.Jun 7