Citi Raises 12-Month Bitcoin Target to $113K, Ethereum to $3K

Citi Updates Crypto Price Targets

Citigroup revised its 12‑month price forecasts for the leading cryptocurrencies, lifting Bitcoin’s target to $113,000 from a previous $82,000 estimate. The new Bitcoin projection remains roughly 10 % below the anticipated October 2025 record high, according to the bank’s updated outlook.

Ethereum’s 12‑month target was set at $3,000, marking a significant upward revision for the second‑largest asset by market capitalization. The adjustments reflect Citi’s assessment of ongoing institutional demand and macro‑economic factors influencing digital asset valuations.

The upgrade signals renewed confidence from a major traditional financial institution. While the $113,000 level still trails the projected 2025 peak, it underscores a bullish stance on Bitcoin’s near‑term trajectory. Ethereum’s $3,000 target suggests expectations of continued network activity and token scarcity. The revision aligns with broader institutional adoption trends, reinforcing the narrative that crypto assets are gaining legitimacy in mainstream finance.

Implications for Traders

Traders monitoring institutional sentiment will watch these targets for potential catalysts. A $113,000 Bitcoin price point could attract additional inflows from asset‑allocation funds, while the Ethereum forecast may bolster DeFi and Layer‑2 narratives. Altcoin markets are likely to remain neutral in the short term, as the focus stays on BTC and ETH fundamentals. The 12‑month horizon provides a medium‑term benchmark for risk managers and portfolio strategists.

Source: Decrypt