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A new report from the investment bank says renewed investor demand could lift crypto prices.
Citi raises its 12-month Bitcoin target to $113,000 and Ether to $3,028, citing stronger crypto activity and renewed ETF inflows.
Citigroup raised its bitcoin price target to $113,000 from $82,000, reversing a July cut, as it now forecasts $5 billion in ETF inflows over 12 months.