Citi Raises Ether Forecast to $4,500, Adjusts Bitcoin Target Down to $132K

Key Notes The bank maintains Bitcoin as its top digital asset pick, citing its digital gold narrative and dominant market position. Institutional allocations and advisor-led inflows are expected to sustain upward momentum throughout the remaining months. Equity market weakness poses downside risk for Bitcoin, while Ethereum faces modeling complexity from Layer-2 activity. Citigroup has issued an updated forecast for the crypto market, raising its price target for Ethereum ETH $4 419 24h volatility: 2.1% Market cap: $533.09 B Vol. 24h: $36.19 B while making a slight downward adjustment to its…