CitiGroup Lowers Bitcoin & Ethereum Target
Bitcoin and Ethereum’s price momentum has slowed its pace, given the current market outlook, which has gone bearish due to rising geopolitical tensions. Both the assets have been showing resilience as of late but are struggling to gain momentum, triggering entities like Citigroup to revise their 2026 forecasts for both Bitcoin and Ethereum. Also Read: XRP Called ‘Memecoin’ by Chainlink Ambassador as Fact Check Hits Citigroup Lowers Bitcoin and Ethereum Price Targets for 2026 Source: CoinDCX Per the latest report by Reuters, a leading banking institution, Citigroup has lowered their Bitcoin and Ethereum forecast for 2026. Per the firm, Bitcoin may now trade at $112K, while ETH may rise to hit $3175. Earlier the esteemed brokerage firm had predicted high price targets for both the assets, hitting as high as $143K and $4.3K, respectively. In addition to this, Citigroup cited the delay in introducing the US crypto market bill as a primary driver hitting both the assets, triggering the...