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Citi analysts reduced their price targets for Bitcoin by 27% and Ether by 29% due to outflows from cryptocurrency exchange-traded funds.
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Global
Who
Citi
What
Citi analysts reduced their price targets for Bitcoin by 27% and Ether by 29% due to outflows from cryptocurrency exchange-traded funds.
When
Wed, 01 Jul 2026 06:22:20 GMT · 2h 2m ago
Where
Global ·
Why
Outflows from US cryptocurrency exchange-traded funds and stalled legislation in the US contributed to the target reductions.
The Frontline Impact
How this affects you
The price target reductions by Citi signal potential headwinds for the cryptocurrency market. This move reflects investor sentiment shifts and regulatory uncertainties impacting digital asset valuations.
Story chain
1 event in this threadNo related history yet - this is the origin event.