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Citi reduces 12-month bitcoin and ether targets amid decreasing ETF inflows · Cyprus Report

Business · World

Citi reduces 12-month bitcoin and ether targets amid decreasing ETF inflows

1 sourceFirst reported 20 days agoUpdated 20 days ago

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Citi has reduced its 12-month price targets for bitcoin and ether following a revision of its ETF inflow forecasts.
The bank attributed this decision to stalled legislation regarding cryptocurrency in the U.S.
Citi also noted a decrease in investor demand as a factor in its revised projections.

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All coverage (1)

Citi slashes 12-month bitcoin, ether targets as ETF flows dry upCoinDesk · 20 days ago

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AI summary: catch up in 20 seconds

Citi has reduced its 12-month price targets for bitcoin and ether following a revision of its ETF inflow forecasts.
The bank attributed this decision to stalled legislation regarding cryptocurrency in the U.S.
Citi also noted a decrease in investor demand as a factor in its revised projections.

Generated by AI from the 1 sources below · always verify with the originals