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Citi Lowers Bitcoin, Ether Price Targets

Published 2 weeks, 1 day ago
Description

Citigroup revises down bitcoin and ether price targets due to slower US crypto laws, weaker network activity, and tempered ETF cash flow hopes. Bitcoin trades around $74k, ether near $2.3k, leaving room for gains. ETF inflows remain key driver, but US regulation uncertainty looms. Bull scenario sees bitcoin at $165k, ether at $4.4k; bear case warns of recession risks dropping them to $58k and $1.1k, respectively.

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