Tech
Citigroup Raises Bitcoin Price Target to $113,000 for One Year
Citigroup has raised its price target for Bitcoin to $113,000 in one year following a renewed inflow of investment through ETFs
Citigroup has raised its one-year price target for Bitcoin to $113,000, according to a report from Fortune. The bank also noted that it has raised its price target for Ethereum to $3,028, which indicates a positive outlook for both Bitcoin and Ethereum in the short term. A report from CoinDesk states that this price target increase comes in the context of renewed inflows of investment through ETFs.