Bitcoin price news: BTC price target cut to $112,000 at Citigroup; ETH trimmed to $3,175
By Canny
Published on March 17, 2026.
Citigroup has reduced its 12-month price targets for bitcoin BTC $ 73,745.16 and ether ($3,175), due to slower legislative momentum in the US, decreased network activity, and decreased expectations for ETF inflows. The bank now sees bitcoin reaching $112,000 and Ether reaching $2,175 over the next year, down from $143,000. The revised targets still suggest substantial upside. Despite the price action being subdued, Citi's analyst Alex Saunders stated that U.S. regulation remains a key driver in the market, with the CLARITY Act clearing the House but stalled in the Senate. The bill aims to establish clear rules for how digital assets are classified and which agencies oversee them, resolving a longstanding turf battle between the Securities and Exchange Commission (SEC) and The Commodity Futures Trading Commission (C.
Related Articles
US pending home sales unexpectedly rebound in February on lower mortgage rates
US pending home sales rebounded 1.8% in February due to lower mortgage rates, but regional variations remain challenging, with higher oil prices impacting sales.
Apartment concessions hit highest level in over a decade
Apartment concessions hit a decade high in January due to high supply and weakening renter demand, with landlords offering higher discounts amid declining rents and job market challenges.
Disney trades at a historically low valuation. Sarat Sethi sees a great buying opportunity
Disney shares are undervalued due to strong parks and experiences growth, rising streaming profitability, and a strong dividend and buyback plan.