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

What happened

Citi raised its 12-month Bitcoin target from $82,000 to $113,000, according to the supplied article. The bank also set a 12-month Ethereum target of $3,000. The article states the Bitcoin target remains about 10% below Bitcoin's October 2025 record.

Confirmed

Global impact / market context

Citi, a large bank, raised its Bitcoin target, which may signal more optimistic expectations for Bitcoin's price. This could influence how investors view Bitcoin and Ethereum, potentially affecting demand, portfolio choices, and the flow of money into these assets.

Analyst inference

Bitcoin is still below its October 2025 record even after the higher target, which suggests the bank expects recovery but not a new high. Ethereum's $3,000 target gives investors a second reference point for comparing potential returns across major crypto assets.

Analyst inference

What to watch

1. Watch whether Citi's 12-month Bitcoin target of $113,000 and Ethereum target of $3,000 change in future revisions, as those numbers are the article's key facts. Confirmed
2. Watch Bitcoin's price path toward the October 2025 record, because the article says the new target remains about 10% below that level, a possible investor reference. Analyst inference
3. Watch whether other banks or analysts revise their own targets, which could turn Citi's move into a broader change in expectations for Bitcoin and Ethereum. Proposed

Affected assets

• BTC — Bitcoin
• ETH — Ethereum

Evidence

• decrypt.co