Major financial institution Citigroup has increased its 12-month target prices for Bitcoin (BTC) and Ethereum (ETH), citing increased cryptocurrency trading activity, a favorable macroeconomic environment, and the resumption of ETF capital inflows. Reuters reported this on the 1st.
The company raised its Bitcoin target from $82,000 to $113,000, and Ethereum from $2,240 to $3,028.
Citi's note, dated this Wednesday, stated...
