New York, 1 July 2026 – Citigroup has cut its 12-month forecasts for bitcoin and ether, warning that weakening investor appetite, negative exchange-traded fund flows and slow progress on United States digital asset legislation have clouded the outlook for the world’s two largest cryptocurrencies.
The brokerage lowered its bitcoin target to US$82,000 from US$112,000, while reducing its ether forecast to US$2,240 from US$3,175. The downgrade reflects a sharp shift in crypto-market sentiment after months of volatility, fund outflows and fading expectations for fresh regulatory catalysts.
Unlock the Full Article
This article is exclusive to The Ledger Asia Subsribers / PAID members.
Already have an account? Log in here
