Citi: Raises Bitcoin and Ethereum price targets to $132,000 and $4,500 by the end of the year, respectively

ChainCatcher news, Citibank has raised its target price expectations for Bitcoin and Ethereum, citing strong ETF inflows and institutional demand. The forecast for Bitcoin is that it will reach $132,000 by the end of the year and $181,000 in 12 months; for Ethereum, it is expected to reach $4,500 by the end of the year and $5,400 in 12 months.

Citibank expressed optimism about Bitcoin as "digital gold," while the outlook for Ethereum is less certain due to its complex usage patterns.