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Citigroup just updated its crypto price targets, but the numbers reveal a striking gap between what it expects from Bitcoin versus Ether, even as Ether has been the stronger performer lately. The reason why comes down to how institutional money actually moves.
Citi is raising the stakes on crypto. Bitcoin’s 12-month base case moves to $113K, with Ether lifted to $3,028, as macro, activity and flows all turn more supportive.
The bank has revised its 12-month target for BTC up from $82K, though it remains about 10% below Bitcoin's October 2025 record.