--- title: "Citigroup raises bitcoin and ether price forecasts" publication: "MediaBias News" url: "https://mediabias.news/business/citigroup-raises-bitcoin-and-ether-price-forecasts" api: "https://mediabias.news/api/v1/stories/citigroup-raises-bitcoin-and-ether-price-forecasts" markdown: "https://mediabias.news/business/citigroup-raises-bitcoin-and-ether-price-forecasts.md" audio: "https://mediabias.news/api/audio/citigroup-raises-bitcoin-and-ether-price-forecasts" category: "Business & Economy" published: "2026-10-01T11:05:11.589Z" source_reported: "2026-10-01T10:17:06.000Z" updated: "2026-10-01T11:05:11.589Z" trust_score: 42 critic_score: 57 hype_score: 20 assessment_type: "coverage-and-source-reporting-analysis" fact_check_status: "not-performed" coverage_measured: "2026-10-01T11:00:25.323615+00:00" --- # Citigroup raises bitcoin and ether price forecasts *Bank cites stronger crypto activity and renewed ETF inflows for upward revision* **Scores for the source reporting** (0-100, assessing the original journalism this article was written from, not this write-up): - Trust 42 of 100, higher is better. Central claim attributed to Citigroup, with specific figures and dates provided. - Craft 57 of 100, higher is better. Reporting is clear and holds together, but lacks quotes from affected parties or discussion of future events. - Hype 20 of 100, lower is better. Language is measured and proportionate, with headlines accurately reflecting the article content. Scored by MediaBias News; method at https://mediabias.news/methodology. **The short version** - 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. 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. ## Who covered it Shares of the 6 covering outlets with a published leaning rating: - Left: 0% (0) - Centre: 67% (4) - Right: 33% (2) 6 of 12 covering outlets carried no usable leaning rating and were excluded from those percentages. Coverage measured 2026-10-01T11:00:25.323615+00:00. **Coverage watch:** developing. Checked 1 time; 0 checks found a material change. Most recently checked 2026-10-01T11:15:27.357Z. ## How the sides framed it ### Left No separate framing summary. ### Centre - 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 - 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. ## Factuality profile of the covering outlets These are published factuality ratings of the outlets, not a verdict on whether this story or its claims are true. - mixed: 2 - high: 2 - unknown: 6 - veryHigh: 2 ## Verification scope This page compares coverage and scores the source reporting. It is not a ClaimReview verdict on whether the underlying event or claim is true. ## Original reporting this was written from - [SpaceMoney](https://spacemoney.com.br/investimentos/bitcoin-hoje/citigroup-eleva-alvo-bitcoin-113-mil) — Citigroup Raises Bitcoin's Forecast to $113,000 - [Mehr News Agency](https://mehrnews.com/news/6964546/%D8%A8%DB%8C%D8%AA-%DA%A9%D9%88%DB%8C%D9%86-%D8%AF%D8%B1-%D9%85%D8%B3%DB%8C%D8%B1-%D8%B1%D8%B3%DB%8C%D8%AF%D9%86-%D8%A8%D9%87-%DB%B1%DB%B1%DB%B3-%D9%87%D8%B2%D8%A7%D8%B1-%D8%AF%D9%84%D8%A7%D8%B1) — Bitcoin on Track to Reach $113,000 - [[your]NEWS](https://yournews.com/2026/10/01/7212478/citi-raises-bitcoin-and-ether-targets-as-crypto-etf-inflows) — Citi Raises Bitcoin and Ether Targets as Crypto ETF Inflows Return - [Coin Desk](https://coindesk.com/markets/2026/10/01/citigroup-raises-12-month-bitcoin-target-to-usd113-000-as-etf-inflows-resume) — Citigroup raises 12-month bitcoin (BTC) target to $113,000 as ETF inflows resume - [Invezz](https://invezz.com/news/2026/10/01/citi-turns-more-bullish-on-bitcoin-and-ethereum-so-what-could-stop-the-crypto-rally) — Citi turns more bullish on Bitcoin and Ethereum: so what could stop the ... - [Devdiscourse](https://devdiscourse.com/article/international/3984968-citi-raises-bitcoin-ether-forecasts-on-strong-crypto-activity) — Citi raises bitcoin, ether forecasts on strong crypto activity - [RayHaber](https://rayhaber.com/2026/10/citiden-bitcoin-ve-ether-icin-yeni-fiyat-hedefi) — Citi Sets New Price Targets for Bitcoin and Ether - [Cryptocurrency News | Cryptocurrency Prices | Market Cap](https://cryptocurrency.com.tr/bitcoin-price-tests-85-000-as-citi-raises-target-to-113k-396893) — Bitcoin Price Tests $85,000 as Citi Raises Target to $113K - [Cryptonews.com](https://cryptonews.com/news/bitcoin-price-forecast-citi-target) — Bitcoin Price Tests $85,000 as Citi Raises Target to $113K - [ekonomim.com](https://ekonomim.com/finans/kripto-para/citi-bitcoin-ve-ether-icin-hedeflerini-yukseltti-haberi-921897) — Citi Has Raised Its Targets for Bitcoin and Ether. - [dunya.com](https://dunya.com/finans/kripto-para/citi-bitcoin-ve-ether-icin-fiyat-hedeflerini-yukseltti-haberi-842167) — Citi Raises Price Targets for Bitcoin and Ether - Dünya Gazeti - [Channel News Asia](https://channelnewsasia.com/business/citi-raises-bitcoin-ether-forecasts-strong-crypto-activity-6423771) — Citi raises bitcoin, ether forecasts on strong crypto activity ## Questions **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. --- MediaBias News — https://mediabias.news. Reproduced from https://mediabias.news/business/citigroup-raises-bitcoin-and-ether-price-forecasts. Please cite as: MediaBias News, "Citigroup raises bitcoin and ether price forecasts", https://mediabias.news/business/citigroup-raises-bitcoin-and-ether-price-forecasts