Citigroup has sharply revised its 12-month institutional price targets for the two largest cryptocurrencies, raising fresh optimism across digital asset markets. The bank raised its 12-month
Citigroup has sharply revised its 12-month institutional price targets for the two largest cryptocurrencies, raising fresh optimism across digital asset markets. The bank raised its 12-month forecast for Bitcoin from $82,000 to $113,000 and for Ethereum from $2,240 to $3,028. The move signals a meaningful shift in one of Wall Street's most closely watched crypto outlooks.
Citigroup cited stronger crypto activity, a supportive macroeconomic backdrop, and a resumption of ETF inflows as the primary reasons behind the revision. The softer inflation environment has been a key tailwind, improving appetite for risk assets including $BTC and $ETH. The updated forecast reflects stronger crypto market activity, a friendlier macro backdrop, and the expectation that institutional money will keep trickling back into digital assets, though not in one sudden wave.
Citi also cited the U.S. Treasury's move to buy back longer-dated bonds, which revived momentum across the crypto market and helped it break out of a months-long slump of trailing other risk assets.
Bitcoin and Ether have rallied nearly 40% and 68%, respectively, in the past three months, narrowing their year-to-date losses to about 4% and 9%.Citi's $113,000 Bitcoin target remains below the record above $126,000 reached in October 2025, suggesting the bank is forecasting a substantial recovery rather than an immediate breakout to new highs.
Citi expects slow but steady inflows into products like ETFs as advisers and brokerages favour gradual increases in Bitcoin allocations, forecasting $5 billion of inflow over the next 12 months. That figure underlines the bank's view that the next leg of the cycle will be built on deliberate institutional positioning rather than speculative retail momentum.
Citi expects inflows to resume gradually as advisers and brokerages raise Bitcoin allocations, rather than surge at once. For $ETH, Citi lifted its target to $3,028, pointing to stronger market activity and ETF inflows returning, with ETH well positioned to capture the next wave of risk-on flows if institutional allocation resumes.
The revised outlook from Citigroup adds to a growing body of institutional analysis that views current price levels as a launchpad for a sustained recovery, provided that macro conditions hold and regulated investment products continue attracting capital.
Sources:CoinDesk: Citigroup raises 12-month Bitcoin target to $113,000 as ETF inflows resumeReuters via Investing.com: Citi raises Bitcoin, Ether forecasts on strong crypto activityCryptoNews: Bitcoin Price Tests $85,000 as Citi Raises Target to $113K
