Woofun AI reports that Citigroup has revised its 12-month price forecasts downward, setting a new target of $82,000 for Bitcoin and $2,240 for Ethereum. The bank reduced its previous estimates from $112,000 and $3,175 respectively, attributing the adjustment to declining investor interest and a lack of progress in US digital asset legislation.

The institution also adjusted its assumption regarding ETF net inflows for the next year from $10 billion to zero. Citigroup noted that sluggish legislative developments and concerns over potential Bitcoin sales by digital asset managers have dampened sentiment, as capital increasingly shifts toward AI-related assets.