CoinScoopCiti Sets $113,000 Price Target for Bitcoin Amid Rising Institutional Demand
Citi has raised its Bitcoin price target to $113,000, citing a resurgence in institutional demand despite Treasury yields reaching 24-year highs. The market outlook also highlights potential opportunities for Bitcoin miners amid AI-driven power shortages, alongside updates on MetaMask's security incident and the launch of Open USD with $1 billion in backing.
Summaries are written by AI from the original article. Not investment advice.