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Citi raised its Bitcoin price target to $113,000 and Ethereum to $3,028, banking on $5 billion in ETF inflows.
Citi sets Bitcoin at $113,000 and Ethereum at $3,028. Here's why the Citi Bitcoin target suggests far more room for growth.
Bitcoin (BTC) and the broader cryptocurrency market rose on Friday ahead of the U.S. jobs report, lifting large-cap crypto-linked stocks. A wave of short liquidations, easing Treasury yields and a fresh $113,000 Bitcoin target from Citigroup added to the rally’s momentum.Bitcoin’s price climbed 2.9…