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Citi Lifts Bitcoin Target to $113,000

Original: Citi Lifts Bitcoin Target to $113K as ETF Inflows Return

Citigroup has raised its price target for Bitcoin to $113,000, citing a return of inflows into spot Bitcoin exchange-traded funds. The revised forecast from a major Wall Street bank is drawing attention as a signal of renewed institutional confidence in the cryptocurrency, coming as investor demand for US-listed Bitcoin ETFs picks back up after a slower stretch.

Why now: A major bank raising its Bitcoin forecast amid returning ETF inflows fuels optimism about renewed institutional demand for crypto.

CitigroupBitcoinBitcoin ETF

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