Citigroup raises Bitcoin price target to $113,000
Citigroup has raised its 12-month Bitcoin price target to $113,000 from $82,000. The bank had previously slashed its outlook in July.
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Citi Raises Bitcoin Forecast to $113K, Ethereum to $3,028 on ETF Inflows
Citigroup has raised its 12-month price targets for Bitcoin (BTC) to $113,000 and for Ethereum (ETH) to $3,028. The bank cited stronger crypto market activity, a more supportive macroeconomic backdrop, and a resumption of exchange-traded fund inflows as key factors.
Citi Raises Bitcoin Target to $113K, Cites Crypto Activity and ETF Inflows
Citigroup has raised its 12-month Bitcoin price forecast to $113,000 from $82,000. The increased target reflects stronger cryptocurrency activity, a more supportive macroeconomic backdrop, and renewed inflows into Bitcoin ETFs.