Citigroup has revised its 12-month price targets for Bitcoin and Ethereum, reducing them to $112,000 and $3,175, respectively. The adjustment from previous targets of $143,000 for Bitcoin and $4,304 for Ethereum reflects concerns over slower progress in U.S. crypto legislation, weak onchain activity, and diminished expectations for ETF inflows. Additionally, Citigroup has adjusted its 12-month ETF demand forecasts, now estimating $10 billion for Bitcoin and $2.5 billion for Ethereum. The bank also assesses the likelihood of U.S. digital-asset legislation passing this year at approximately 60%.
Citigroup Lowers Bitcoin and Ethereum Price Targets Amid Legislative Delays
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