October 01, 07:23

Citigroup raises 12-month bitcoin and ether forecasts

Citi raises bitcoin, ether forecasts on strong crypto activity

Reuters

Citigroup raised its 12-month bitcoin forecast to $113,000 from $82,000. Citigroup raised its 12-month ether forecast to $3,028 from $2,240. The brokerage cited stronger crypto activity, a supportive macroeconomic backdrop and a resumption of ETF inflows.

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