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Citigroup lifts bitcoin forecast to $113,000 on ETF inflows

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

Citigroup has raised its 12-month bitcoin price target to $113,000, pointing to renewed inflows into spot bitcoin exchange-traded funds. The upgrade from a major Wall Street bank adds to signs that institutional interest in crypto is recovering, and analysts are watching whether ETF demand can sustain bitcoin's momentum in the months ahead.

Why now: A major bank raising its bitcoin forecast amid resuming ETF inflows is fresh news for investors tracking crypto prices.

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