By Isaac • October 1, 2026 3:12 pm •
Citi has made a much bigger bet on the next year for crypto.
The bank raised its 12-month Bitcoin target to $113,000 from $82,000 and lifted its Ether target to $3,028 from $2,240. Both revisions are roughly 35% higher than Citi’s previous calls.
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According to CoinDesk’s summary of Citi’s research, the bank expects about $5 billion to move into crypto investment products over the next 12 months. Citi described the expected flow as slower but steadier as advisers and brokerages gradually increase client allocations.
The forecast leans on more than price momentum. Citi pointed to stronger crypto-market activity, a more supportive macro backdrop and renewed demand for exchange-traded products.
Bitcoin was trading near $84,000 when the
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