Citi Group raises its target price for Bitcoin to $113,000
2026-10-01 23:51:21
CoinMeta data: According to U.Today, Wall Street banking giant Citibank has raised its target price for Bitcoin to $113,000, expecting to achieve this within the next 12 months. Previously, the bank predicted that the Bitcoin price would be around $82,000. The current Bitcoin trading price is about $84,000, so a 35% increase in price is required to reach Citibank's target. In addition, Citibank has also raised its 12-month target price for Ethereum from $2,240 to $3,028. Citibank believes that strong crypto market activity, more moderate macroeconomic conditions, and robust ETF capital inflows are the main reasons for this adjustment.
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Source:U.Today
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