[Citigroup Raises Bitcoin 12-Month Price Target to $113,000] Odaily Planet Daily News: Citigroup has raised its 12-month price target for Bitcoin from $82,000 to $113,000 and increased its price target for Ethereum from $2,240 to $3,028. Citigroup expects crypto asset ETF inflows to reach $5 billion over the next year and believes factors such as a rebound in ETF demand and a weakening U.S. dollar could provide support to the crypto market. In May and June of this year, U.S. spot Bitcoin ETFs saw a combined net outflow of nearly $7 billion, but fund flows reversed starting in July, with net inflows exceeding $2 billion in September. (Fortune)
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