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BTC $96,420 +2.34% ETH $3,280 +1.82% SOL $185.40 -0.92% BNB $642.50 +0.45% XRP $2.18 +3.12% DOGE $0.082 -1.50% ADA $1.05 +0.80% AVAX $42.10 +1.15%
10/01/2026

Citi Raises 12-Month Bitcoin Target to $113K, Ethereum to $3K

What happened: Citigroup has increased its 12-month price target for Bitcoin to $113,000 (up from $82,000) and for Ethereum to $3,028 (from $2,240), citing stronger crypto market activity, a supportiv

Citi Raises 12-Month Bitcoin Target to $113K, Ethereum to $3K

What happened: Citigroup has increased its 12-month price target for Bitcoin to $113,000 (up from $82,000) and for Ethereum to $3,028 (from $2,240), citing stronger crypto market activity, a supportive macro backdrop, and the return of ETF inflows. The new BTC target is about 10% below Bitcoin's October 2025 all-time high of ~$126,200. Citi projects $5 billion in crypto fund inflows over the next year, though at a slower, steadier pace than previous surges.

Why it matters: Citi's forecast revision marks a partial reversal after a year of volatile target changes: from $143K in January, down to $82K in July, and now back up to $113K. The bank’s analysis underscores how sensitive institutional outlooks remain to macroeconomic shifts and regulatory developments, such as the stalled CLARITY Act. Notably, Citi’s target remains below prior cycle highs, signaling a cautious optimism rather than outright bullishness.

Source: Decrypt