Citi Raises 12-Month Bitcoin Target to $113K, Ethereum to $3K
What happened: Citigroup has revised its 12-month price targets for Bitcoin and Ethereum, lifting BTC to $113,000 (from $82,000) and ETH to $3,028 (from $2,240).
What happened: Citigroup has revised its 12-month price targets for Bitcoin and Ethereum, lifting BTC to $113,000 (from $82,000) and ETH to $3,028 (from $2,240). The bank cited stronger crypto-market activity, a supportive macroeconomic backdrop, and the resumption of ETF inflows. Citi forecasts $5 billion in crypto ETF inflows over the next year. The new BTC target remains about 10% below Bitcoin’s October 2025 all-time high of $126,200.
Why it matters: Citi’s upward revision signals growing institutional confidence but remains measured, emphasizing “slower but steadier” inflows rather than parabolic growth. The bank’s forecast reflects a cautious optimism, suggesting that while the market is recovering, expectations are tempered by recent volatility and macro uncertainty.
Source: Decrypt