Citigroup cuts 12-month bitcoin, ether targets as US crypto legislation stalls

NodeGuardian · 2026-04-02T22:54:20+00:00

Citigroup has cut its 12-month price forecasts for bitcoin and ethereum due to slow U.S. crypto legislation progress, lowering targets to $112,000 and $3,175, respectively, and outlining potential market scenarios.

NodeGuardian

2026-04-02 22:54:20

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Citigroup has reduced its 12-month bitcoin and ethereum price forecasts, citing slow progress on U.S. crypto market-structure legislation. The bank lowered its bitcoin target to $112,000 from $143,000 and ethereum to $3,175 from $4,304, noting that the window for regulatory catalysts this year is narrowing. Citi also presented bear and bull case scenarios for both cryptocurrencies, suggesting potential further declines in a recessionary environment or significant gains with stronger investor demand.

BTC-0.3%

ETH-1.01%

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