Citigroup Cuts 12-Month Bitcoin Target to $112,000 and Lowers Ethereum Outlook to $3,175

Citigroup analysts on Tuesday reduced their 12‑month price forecasts for Bitcoin from $143,000 to $112,000 and for Ethereum from $4,304 to $3,175, citing slow legislative progress on crypto regulation in the United States. Based on current trading levels around $74,360 for Bitcoin and $2,314 for Ethereum, the bank still projects upside of nearly 50% and about 62% respectively, but does not expect new all‑time highs this year.