Financial services giant Citigroup is reportedly lowering its end-of-year price target for Bitcoin (BTC) while simultaneously raising expectations for Ethereum (ETH).
According to a new report by Reuters, BTC could end 2025 with a price tag of around $133,000 while the second-largest digital asset by market can have its year-end price raised to $4,500, representing respective rises of 12% and 3% from current prices.
Citi also sees both assets rising next year as well, predicting that the flagship digital asset hits $188,000 before the end of 2026 while Ethereum settles around $5,440.
According to the banking titan, Bitcoin’s narrative of being “digital gold” is still going strong coupled with a healthier US dollar and weaker gold prices led them to their conclusion. As for Ethereum, Citi says its upside is being driven by increased adoption, staking, and decentralized finance (DeFi) platforms built on top of it.
However, the investment group did note that its bear-case scenario for the crypto king has it dipping all the way down to $83,000 if macro conditions worsen while noting that predicting ETH’s downside scenario is too difficult due to the uncertainty surrounding the network, according to the report.
Bitcoin is trading for $119,483 at time of writing, a 1.7% increase during the last 24 hours while Ethereum is valued at $4,417, a 1.9% rise during the last day.
