✉news BusinessCrypto first seen 1 d ago, last 5 h ago, peak #2
Citi Forecasts Bitcoin at $113,000, Ether at $3,028
Original: Citi Predicts Bitcoin Will Hit $113,000 and Ether Will Reach $3,028: Why a Bigger Upside for Bitcoin?
Citigroup has issued price targets of $113,000 for Bitcoin and $3,028 for Ether, assigning the larger upside to Bitcoin. The bank's analysts see stronger potential gains for the leading cryptocurrency relative to Ether, and the forecast is being widely picked up by financial media. Investors are weighing the targets against current market prices and what they signal about institutional confidence in crypto assets heading forward.
Why now: A major bank issuing bullish price targets for the two largest cryptocurrencies draws investor attention and debate about institutional adoption.
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Evidence
- Citi Predicts Bitcoin Will Hit $113,000 and Ether Will Reach $3,028: Why a Bigger Upside for Bitcoin? · Yahoo Finance
- Citi Predicts Bitcoin Will Hit $113,000 and Ether Will Reach $3,028: Why a Bigger Upside for Bitcoin? · 24/7 Wall St.
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