Wednesday, 1 July, 2026
Crypto Cold Front: Citi Slashing Forecasts as ETF Faucets Run Dry
By TechShots Studio
Citigroup has aggressively slashed its 12-month price forecasts for Bitcoin and Ethereum. The banking giant points to a sharp slowdown in investor appetite, stalled progress on U.S. crypto legislation, and massive, multi-billion-dollar outflows from spot ETFs. Citi now sees Bitcoin hitting $112,000 (down from $143,000) and Ethereum reaching $3,175, warning that the lack of fresh institutional capital will likely trap the assets in a tight range.