Citigroup cuts BTC and ETH targets as U.S. crypto legislation stalls

Citigroup has reduced its price targets for Bitcoin and Ethereum, citing slower ETF inflows, declining network activity, and diminishing prospects for favorable U.S. crypto regulation. The Wall Street bank's revised outlook reflects concerns about weakening institutional momentum and regulatory uncertainty.

• →Citigroup lowered its BTC and ETH price targets due to multiple headwinds.
• →ETF flows have slowed significantly compared to earlier periods of strong institutional adoption.
• →Network activity metrics show weakness across major crypto platforms.
• →U.S. crypto legislation progress has stalled, reducing regulatory catalyst potential.
• →The narrowing window for favorable regulatory developments is impacting institutional sentiment.