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Citi Slashes Bitcoin and Ethereum Price Targets as ETF Flows Turn Negative

July 6, 202608:15 AM
Citi Slashes Bitcoin and Ethereum Price Targets as ETF Flows Turn Negative

Citi has cut its 12-month price targets for Bitcoin and Ethereum, pointing to negative ETF flows and stalled U.S. crypto legislation. Bitcoin’s target was lowered to $82,000 from $112,000, while Ether’s forecast dropped to $2,240 from $3,175.

With Bitcoin ETF flows down by roughly $3.3 billion so far, the message is blunt: without improvement in ETFs and clearer regulatory momentum, even major banks will keep revising expectations downward. This mix of negative ETF flows and stalled U.S. crypto legislation raises the odds of continued volatility and market dependence on policy catalysts.

The report adds that Bitcoin ETF flows are currently down by about $3.3 billion so far, underscoring the pressure building on sentiment as regulatory clarity remains elusive.

This is a summarized and adapted version by Artificial Intelligence. To read the complete original story, visit the official source.

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