Citi has raised its forecasts for bitcoin and ether, pointing to stronger activity in the cryptocurrency market and continued demand for major digital assets.
The bank’s updated outlook comes as trading activity across the crypto market remains robust, with bitcoin and ether continuing to dominate investor attention. Increased participation from institutional investors has also contributed to greater activity around major cryptocurrencies.
Citi said the outlook for digital assets will continue to depend on factors including market liquidity, investor demand, regulation and broader financial conditions. Despite renewed momentum, cryptocurrencies remain highly volatile and sensitive to shifts in market sentiment.
The revised forecasts highlight growing interest in the long-term role of digital assets as the cryptocurrency market develops and institutional participation expands.
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