Citi Cuts Bitcoin and Ethereum Price Targets on Weak ETF Flows

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Citi to Bring Bitcoin to Mainstream Finance

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Citi has lowered its 12-month price targets for Bitcoin and Ether, cutting its Bitcoin forecast from $112,000 to $82,000 and its Ether target from $3,175 to $2,240. The bank also reduced its projected net inflows into U.S. crypto ETFs over the next year from $10 billion to zero, citing persistent ETF outflows, slow progress on …

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