Citi Raises Bitcoin Price Target to $113,000
Citi has increased its 12-month Bitcoin price forecast from $82,000 to $113,000, citing stronger crypto activity and renewed ETF inflows. The bank expects institutional allocations to grow gradually rather than surge, projecting $5 billion in inflows over the next year. Additionally, Citi raised its Ether price target to $3,028 from $2,240.
Summaries are written by AI from the original article. Not investment advice.