Citigroup raises 12-month bitcoin target to $113,000 as ETF inflows resume
Citi also raised its 12-month target for ether from from $2,240 to $3,028.
Make preferred on
Compartir este artículo
Resumen
- Citigroup raised its 12-month bitcoin forecast to $113,000 from $82,000 and its ether target to $3,028 from $2,240, citing renewed exchange-traded fund inflows and favorable economic conditions.
- Citi expects cryptocurrency investment products to attract $5 billion over the next year as advisers and brokerages gradually increase bitcoin allocations.
- Bitcoin rose more than 10 percent after the Senate rejected the Clarity Act on Sept. 15, while subsequent SEC announcements and Treasury bond buybacks helped ease negative sentiment and revive the broader cryptocurrency market.
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- 10
As stablecoins move into regulated finance, APAC is becoming a key proving ground. This report maps the region’s rules, use cases, and RLUSD’s role.
As stablecoins move into regulated finance, APAC is becoming a key proving ground. This report maps the region’s rules, use cases, and RLUSD’s role.
Why it matters:
As stablecoins move into regulated finance, APAC is becoming a key proving ground. This report maps the region’s rules, use cases, and RLUSD’s role.
