The bank cut its 12-month bitcoin and ether price targets after scrapping its ETF inflow forecasts, citing stalled U.S. crypto legislation and weak investor demand. Citi cut its BTC target to $82,000 from $112,000 and ETH target to $2,240 from $3,175. The bank now expects zero net ETF inflows over the next 12 months, versus previous forecasts for fresh demand. Stalled U.S. legislation, weak market sentiment and concerns over digital asset treasury selling have outweighed supportive macro condit…
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