Home Crypto News Citigroup Raises Ethereum Forecast, Cuts Bitcoin Outlook on Investor Shifts

Citigroup Raises Ethereum Forecast, Cuts Bitcoin Outlook on Investor Shifts

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Citigroup has increased its year-end price target for Ethereum (ETH) to $4,500, up from $4,300. The bank cited strong inflows from exchange-traded funds (ETFs) and digital asset treasuries as key drivers of the upgrade.

At the same time, Citigroup trimmed its forecast for Bitcoin (BTC) to $133,000 from $135,000. The downgrade reflected macroeconomic pressures, including a stronger U.S. dollar and weaker gold prices, which offset bullish momentum.