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Citi Cuts Bitcoin and Ethereum Price Targets on Weak ETF Flows

Published by
Nidhi Kolhapur

Citi has lowered its 12-month price targets for Bitcoin and Ether, cutting its Bitcoin forecast from $112,000 to $82,000 and its Ether target from $3,175 to $2,240. The bank also reduced its projected net inflows into U.S. crypto ETFs over the next year from $10 billion to zero, citing persistent ETF outflows, slow progress on U.S. crypto legislation, and concerns that digital asset treasury companies could increase Bitcoin selling. Investors will watch whether ETF demand and regulatory developments improve market sentiment.

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Nidhi Kolhapur

Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space.

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