Wu Blockchain (@WuBlockchain): Citigroup cut its 12-month price targets for Bitcoin and Ethereum to $112,000 (from $143,000) and $3,175 (from $4,304), citing slower progress on U.S.…
Estimated coin impact
Scores are not price-change percentages. High impact means a score of +70 or more, or -70 or less.
Citigroup cut its 12-month price targets for Bitcoin and Ethereum to $112,000 (from $143,000) and $3,175 (from $4,304), citing slower progress on U.S. crypto legislation, weak onchain activity, and softer expectations for ETF inflows. Citi also lowered its 12-month ETF demand assumptions to $10 billion for Bitcoin and $2.5 billion for Ethereum, and put the odds of U.S. digital-asset legislation passing this year at around 60%.