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Bitcoin price news: BTC price target cut to $112,000 at Citigroup; ETH trimmed to $3,175
Citigroup has lowered its 12-month price targets for Bitcoin and Ether, citing stalled U.S. crypto legislation, slower ETF flows, and weak network activity. The bank now forecasts Bitcoin to reach $112,000 (down from $143,000) and Ether to hit $3,175 (down from $4,304), although these targets still represent significant upside. The report emphasizes that legislative progress in the U.S. and continued ETF demand remain critical factors for the crypto market’s momentum.