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Citi raises bitcoin and ether forecasts

Original: Citi raises bitcoin, ether forecasts on strong crypto activity

Citigroup has raised its price forecasts for bitcoin and ether, citing strong activity across cryptocurrency markets. The bank's updated outlook, reported by Reuters, signals growing institutional confidence in digital assets as trading volumes and market engagement pick up. Analysts say the move reflects renewed momentum in crypto markets, with investors watching whether other major banks follow Citi in revising their digital asset projections upward.

Why now: A major bank raising its crypto price forecasts signals growing institutional confidence and renewed market momentum.

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