🏦 Citigroup, one of the world’s largest banks, updated its outlook on bitcoin and ether.
📊 A favorable macro environment and the return of flows to bitcoin ETFs, with around USD 5 billion expected over the next 12 months as advisors and brokers increase their exposure.
📰 Updates: Citi raised its BTC target from USD 82,000 to USD 113,000 and its ETH target from USD 2,240 to USD 3,028. Despite the setback of the Clarity Act in the U.S. Senate, the SEC announced new rules that boosted sentiment in the sector. Analyst Henrik Zeberg warns that the context is reminiscent of the period before the 1929 crash.
⚠️ DYOR / Not financial advice
📊 A favorable macro environment and the return of flows to bitcoin ETFs, with around USD 5 billion expected over the next 12 months as advisors and brokers increase their exposure.
📰 Updates: Citi raised its BTC target from USD 82,000 to USD 113,000 and its ETH target from USD 2,240 to USD 3,028. Despite the setback of the Clarity Act in the U.S. Senate, the SEC announced new rules that boosted sentiment in the sector. Analyst Henrik Zeberg warns that the context is reminiscent of the period before the 1929 crash.
⚠️ DYOR / Not financial advice
