Citigroup Lowers Bitcoin and Ether Price Targets Amid Regulatory Concerns

Citigroup has revised its 12-month price targets for Bitcoin and Ether, reducing them to $112,000 and $3,175, respectively. According to NS3.AI, the bank's decision comes as progress on U.S. market-structure legislation in the Senate has stalled, limiting the potential for regulatory developments that could boost demand for ETFs and institutional adoption.