Citigroup Revises BTC and ETH Targets on Policy Slowdown

TLDR Citigroup lowered its 12-month price targets for bitcoin and ether in a new research report. The bank reduced its Bitcoin target to $112,000 and its Ether target to $3,175. Citigroup cited slower progress on U.S. crypto legislation and weaker network activity as key reasons for the cuts. The bank lowered its ETF inflow assumptions [...]

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