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Citigroup raises bitcoin and ether price forecasts

Bank cites stronger crypto activity and renewed ETF inflows for upward revision

AI-assisted coverage comparison, editor-supervised · How this was made

Published
Representation of cryptocurrencies is seen in this illustration created on September 10, 2025. REUTERS/Dado Ruvic/Illustration//File Photo

What this story says

  • Citigroup has raised its 12-month forecast for bitcoin to $113,000, an increase from $82,000.
  • The bank also increased its 12-month forecast for ether to $3,028, up from $2,240.
  • Citigroup attributed the upward revisions to stronger crypto activity, a favourable macroeconomic backdrop, and renewed inflows into exchange-traded funds.
  • Bitcoin and ether have seen significant rallies in the past three months, gaining nearly 40 per cent and 68 per cent respectively.

Who covered it

Left 0%(0)Centre 67%(4)Right 33%(2)

Percentages are shares of the 6 outlets carrying a published leaning rating. 6 of the 12 outlets we know ran this story carry no rating and are not counted in them. Coverage measured .

Trust

42/100

Craft

57/100

Hype

20/100

12 sources · methodology

Citigroup has revised its 12-month price forecasts upwards for both bitcoin and ether. The bank increased its bitcoin target to $113,000 from a previous forecast of $82,000. Similarly, the ether forecast was raised to $3,028 from $2,240.

The financial institution cited several factors for the upward revision. These include stronger activity within the cryptocurrency markets, a supportive macroeconomic environment, and a resumption of inflows into exchange-traded funds (ETFs). Citigroup anticipates that crypto inflows will continue at a slower but steadier pace, with advisers and brokerages gradually increasing their allocations to bitcoin. The bank also forecast $5 billion of inflows over the next 12 months.

These revisions come as bitcoin and ether have experienced substantial rallies in recent months. Both cryptocurrencies have gained approximately 40 per cent and 68 per cent, respectively, over the past three months. This surge has narrowed their year-to-date losses to about 4 per cent for bitcoin and 9 per cent for ether.

Disagreement on legislative impact

Channel News Asia reported that the US Senate failed to advance The Clarity Act, aimed at creating a regulatory framework for digital assets, describing it as a setback for the industry. Citigroup, as quoted by Channel News Asia, stated that the failure of The Clarity Act narrowed the path to a market-structure bill but spurred Securities and Exchange Commission rule announcements that dampened negative sentiment. None of the other reports mention The Clarity Act or its impact.

What the coverage left out

None of the right-rated reports mention the revised 12-month forecast for ether. Additionally, none of the right-rated reports mention the recent performance figures for bitcoin and ether, nor do they reference The Clarity Act or Citigroup's comments on its impact.

Still developing. We have re-checked which outlets are covering this 1 time, most recently on 1 Oct 2026, 11:15, and will add the sides that appear.

How each side covered it

Our own reading of the reporting listed below, written from the outlets’ articles rather than quoted from them. The reasoning is set out on our methodology page.

Left

0 rated outlets

No outlet rated left has run this story so far. We are still checking, and will say plainly if that does not change.

Centre

4 rated outlets

  • Centre-rated reports led with Citigroup's increased price targets for bitcoin and ether. These reports highlighted the specific figures for the revised 12-month forecasts: bitcoin to $113,000 from $82,000, and ether to $3,028 from $2,240. The reasons provided for the upward revision included stronger crypto activity, a supportive macroeconomic backdrop, and renewed ETF inflows. Channel News Asia also included details about the recent performance of bitcoin and ether, noting their rallies over the past three months, and mentioned the failure of The Clarity Act in the US Senate, quoting Citigroup's assessment of its impact.

Right

2 rated outlets

  • Right-rated reports focused on Citigroup's revised 12-month price forecast for bitcoin, stating the new target of $113,000. The reasons cited for this increase were improving crypto market activity, macroeconomic conditions, and a return of capital inflows into ETFs. Neither of the right-rated reports mentioned the revised forecast for ether or the recent performance figures for bitcoin and ether.

Questions about this coverage

How did the left and right cover Citigroup raises bitcoin and ether price forecasts?
Of the 6 outlets on this story carrying a published leaning rating, 0% are rated left, 67% are rated centre, 33% are rated right. Those percentages are shares of the rated outlets, not of every outlet that ran it, which was 12. The sections above set out what each side emphasised, in its own terms.
Is Citigroup raises bitcoin and ether price forecasts left or right?
Too few of the outlets on this story carry a published leaning rating to say. 6 of them do, and this site does not characterise a field under 12: at that size one newsroom filing moves the share by ten points. The percentages above are the count as it stands.
Is the coverage of Citigroup raises bitcoin and ether price forecasts biased?
Citigroup raises bitcoin and ether price forecasts is one event reported by 12 outlets, and this page does not rate the story as biased or unbiased. What it publishes is the spread: which outlets ran it, where named rating organisations place each of them on the spectrum, and what each side chose to lead with. A leaning rating describes an outlet's record over time, not this article, and the two should not be run together.
Which outlets covered Citigroup raises bitcoin and ether price forecasts?
12 that we know of, every one of them listed further up this page with a link to its own report and to what we hold on the publisher. Nothing here is a summary of somebody else's summary: the outlets are named so the original reporting can be read.
What are the new 12-month price forecasts for bitcoin and ether?
Citigroup has raised its 12-month forecast for bitcoin to $113,000, an increase from its previous target of $82,000. The bank also increased its 12-month forecast for ether to $3,028, up from $2,240.
Why did Citigroup raise its cryptocurrency price forecasts?
Citigroup cited stronger cryptocurrency activity, a supportive macroeconomic backdrop, and renewed inflows into exchange-traded funds (ETFs) as the primary reasons for raising its price forecasts for both bitcoin and ether.
How have bitcoin and ether performed recently?
In the past three months, bitcoin and ether have rallied significantly. Bitcoin has gained nearly 40 per cent, while ether has seen an increase of approximately 68 per cent during the same period.

Read it at the source

12 outlets, grouped by the leaning a published rating gives them. Every headline links to the original; an underlined outlet name opens our profile of that publisher.

Left

0

No outlet in this group ran the story.

Centre

4

Right

2

Not rated

6

How did this read?

About the coverage, not about the story. We do not ask whether you agree with what happened — we have no honest use for that answer.

Citigroup Bitcoin Forecast | MediaBias News