Citi lowers bitcoin and ether price targets as ETF outflows weigh on crypto outlook
✦ NabkaNews BriefAuto-summarized from multiple outlets · verify with the source
Citi has lowered its price targets for bitcoin and ether, citing factors such as negative ETF flows and slowed crypto ETF inflows. The new targets are reported to be $112,000 for bitcoin and $3,175 for ether by one outlet, but another reports the bitcoin target as $82,000, indicating some uncertainty in the exact figures. The move is seen as a negative outlook for the crypto market, with some outlets noting the impact of stalled US crypto legislation and delayed crypto breakout.
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