Citigroup has increased its 12-month price target for bitcoin from $82,000 to $113,000 and for ether from $2,240 to $3,028, citing resumed inflows into cryptocurrency ETFs and favorable macroeconomic factors. The bank expects $5 billion in inflows to crypto investment products over the next year as advisers and brokerages gradually increase bitcoin allocations. Bitcoin's price rose over 10% after the U.S. Senate rejected the Clarity Act, and subsequent SEC actions along with U.S. Treasury bond buybacks helped improve market sentiment. This outlook signals growing institutional interest and potential for further crypto market recovery.
Bitcoin price target raised to $113,000 by Citigroup, providing context for cryptocurrency market interest. For readers following crypto assets, here is Pluang's market snapshot as of Oct 01, 2026 16:21 WIB: out of 50 major cryptocurrencies priced on Pluang, 24 rose and 25 fell today. Notable movers include ATOM (Cosmos) at Rp31.933 with a 1-day change of +2.46% and Pluang order activity of 34% Sell / 66% Buy, AAVE (Aave) at Rp2.947.480 with +2.40% change and 45% Sell / 55% Buy order activity, and ONE (Harmony) at Rp41 with -2.37% change and 30% Sell / 70% Buy order activity.
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