July 1 : Citigroup slashed its 12-month forecasts for bitcoin and ether, saying weakening investor appetite, negative exchange-traded fund flows and a lack of progress on U.S. digital asset legislation have hurt the outlook for the two largest cryptocurrencies. The brokerage, in a note dated Tuesday, lowered

July 1 : Citigroup slashed its 12-month forecasts for bitcoin and ether, saying weakening investor appetite, negative exchange-traded fund flows and a lack of progress on U.S.…

Citigroup slashed its bitcoin target to $82,000 and ether to $2,240 after June's record $4.5 billion in ETF outflows, resetting net inflow forecasts to