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Citigroup raises bitcoin target to $113,000 as ETF inflows resume

Original: Citigroup raises 12-month bitcoin target to $113,000 as ETF inflows resume

Citigroup has lifted its 12-month price target for bitcoin to $113,000, citing renewed inflows into spot bitcoin exchange-traded funds. The bank's revised forecast adds Wall Street backing to the cryptocurrency's outlook at a time when institutional money is returning to the market. Traders and analysts are watching whether the ETF flows can sustain momentum toward the new target.

Why now: A major bank raising its bitcoin forecast signals renewed institutional confidence, drawing attention from crypto and finance audiences.

CitigroupBitcoinCoinDesk

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