Citi raises bitcoin, ether forecasts on strong crypto activity
Citigroup raised its 12-month forecasts for bitcoin and ether, citing stronger crypto activity, a supportive macroeconomic backdrop and a resumption of ETF inflows.The brokerage increased its target for bitcoin BITSTAMP:BTCUSD to $113,000 from $82,000 and for ether BITSTAMP:ETHUSD to $3,028 from $2…