✉news BusinessCrypto first seen 13 h ago, last 12 h ago, peak #30
Citi raises Bitcoin forecast to $113,000, Ether to $3,028
Citi has raised its price forecasts for major cryptocurrencies, lifting its Bitcoin target to $113,000 and its Ether target to $3,028. The revised outlook from one of the world's largest banks is being read as a sign of growing institutional comfort with digital assets, and it comes as traders weigh whether the upbeat projections could draw further mainstream investors into the crypto market.
Why now: A major Wall Street bank raising its crypto price targets signals increasing institutional acceptance, which moves markets and grabs trader attention.
Evidence
- Citi raises Bitcoin forecast to $113,000, Ether to $3,028 · The American Bazaar
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