๐จ Big update from Citigroup on crypto markets!
๐ The bank has lowered its 12-month price targets, now expecting $BTC to hit around $112K (down from $143K) and $ETH to reach $3,175 (previously $4,304) ๐ฐ.
The main reason? โ๏ธ Slower progress in US crypto regulations, especially key legislation, which could delay institutional adoption and ETF inflows ๐.
While the outlook is still bullish overall ๐, Citigroup now expects more moderate growth instead of explosive gains, with market momentum depending heavily on regulatory clarity and big investor participation ๐.