Citigroup has lowered its 12-month target price for Bitcoin from $143,000 to $112,000 and its Ethereum target from $4,304 to $3,175, citing a decreased likelihood of the United States passing cryptocurrency legislation this year. The bank's report emphasizes that the Senate has shelved the Digital Asset Market Clarity Act, and Polymarket currently predicts a 60% chance of the bill passing in 2026. Citigroup forecasts that in a recession scenario, Bitcoin could drop to $58,000 and Ethereum to $1,198, while noting that $70,000 remains a key support level amid regulatory uncertainty.

BTC-1,06%
ETH-1,88%
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