On June 30, Citigroup (hereafter referred to as Citi) released a report revising the 12-month target prices for Bitcoin (BTC) and Ethereum (ETH). The target for BTC was reduced from $112,000 to $82,000, and for ETH from $3,175 to $2,240, as reported by Reuters on July 1.
As of June 30, BTC...