CryptoMediumUpdated×2•Originally published 1 October 2026•Updated 1 October 2026•
1 min read
Citigroup Raises Price Targets for Bitcoin and Ether
Key Facts
1Citigroup has raised its price target for Bitcoin to $113,000.
2Bitwise noted that the failure of the Clarity Act has accelerated pro-crypto regulatory developments.
Citigroup analyst Alex Saunders raised the baseline projection for Bitcoin to $113,000 from a previous estimate of $82,000. The bank also increased its price target for Ether to $3,028 from $2,240, citing improving macroeconomic conditions and robust ETF inflows according to reports, while Bitwise noted that the failure of the Clarity Act has accelerated pro-crypto regulatory shifts.
Citigroup shares closed at $129.53 on September 30, 2026, amid the revised outlook for digital assets. Within the banking sector, JPMorgan Chase closed at $330.83 and Bank of America finished at $54.43 on September 30, 2026, as major institutions recalibrate their valuations for the cryptocurrency market based on evolving regulatory and macro environments.