Citi Raises 12-Month Bitcoin Price Target to $113,000 and Ethereum to $3,000

WHY IT MATTERS

When a major traditional bank like Citigroup publishes a "price target" for Bitcoin or Ethereum, it means their research analysts are sharing their estimate of where the price might be in a set period — in this case, 12 months. Think of it like a weather forecast: it is an informed guess, not a guarantee. For people new to crypto, this is significant because it shows that large, established financial institutions are now actively analyzing and covering cryptocurrencies, much like they do for stocks or commodities. That said, price targets from any institution should not be treated as reliable predictions or as advice on whether to buy or sell.