Citi Raises Bitcoin & Ethereum Price Targets
Citi is taking a more bullish stance on crypto, upgrading its 12-month institutional price targets.
The banking giant has raised its $BTC target to $113,000 and its $ETH target to $3,028.
Citi points to stronger on-chain activity, a supportive macro backdrop following lower inflation data, and accelerating institutional accumulation.
The bank also expects around $5B in additional net inflows into regulated spot crypto ETFs over the next 12 months.
#BTC Price Analysis# #Macro Insights#
Citi is taking a more bullish stance on crypto, upgrading its 12-month institutional price targets.
The banking giant has raised its $BTC target to $113,000 and its $ETH target to $3,028.
Citi points to stronger on-chain activity, a supportive macro backdrop following lower inflation data, and accelerating institutional accumulation.
The bank also expects around $5B in additional net inflows into regulated spot crypto ETFs over the next 12 months.
#BTC Price Analysis# #Macro Insights#
