Citi just raised its Bitcoin target to $113,000.
The jump: from $82,000.
Ether's target: $3,028, up from $2,240.
The bank forecasts $5 BILLION in net ETF inflows over the next 12 months, per Reuters.
Its reasons: stronger crypto activity, a supportive macro backdrop, and returning institutional demand.
Bitcoin and Ether have already rallied nearly 40% and 68% in three months.
Citi expects advisers and brokerages to gradually raise Bitcoin allocations, which could give the recovery a steady stream of fresh institutional buying
The jump: from $82,000.
Ether's target: $3,028, up from $2,240.
The bank forecasts $5 BILLION in net ETF inflows over the next 12 months, per Reuters.
Its reasons: stronger crypto activity, a supportive macro backdrop, and returning institutional demand.
Bitcoin and Ether have already rallied nearly 40% and 68% in three months.
Citi expects advisers and brokerages to gradually raise Bitcoin allocations, which could give the recovery a steady stream of fresh institutional buying