Citi Cuts Bitcoin and Ethereum Price Targets on Weak ETF Flows

The post Citi Cuts Bitcoin and Ethereum Price Targets on Weak ETF Flows appeared first on Coinpedia Fintech News Citi has lowered its 12-month price targets for Bitcoin and Ether, cutting its Bitcoin forecast from $112,000 to $82,000 and its Ether target from $3,175 to $2,240.

The bank also reduced its projected net inflows into U.S. crypto ETFs over the next year from $10 billion to zero, citing persistent ETF outflows, slow progress on …