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A new report from the investment bank says renewed investor demand could lift crypto prices.
The firm expects roughly $5 billion of crypto ETF inflows over the next 12 months, driven by gradually higher allocations from advisers and brokerages.
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.