Citigroup Cuts 12-Month Targets: Bitcoin to $112,000 and Ethereum to $3,175

Citigroup analysts said on Tuesday that Bitcoin and Ethereum are unlikely to set new all-time highs this year despite a recent price rebound. The bank cut its 12-month targets to $112,000 for Bitcoin (from $143,000) and $3,175 for Ethereum (from $4,304), citing slower-than-expected U.S. legislative progress that could limit regulatory catalysts for institutional and ETF demand.