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One platform for global traditional assets
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Techub News - According to CoinPost reporting, Citigroup has downgraded its Bitcoin and Ethereum price forecasts due to the stalled progress of U.S. cryptocurrency legislation. Bitcoin's most likely target price for the next 12 months was reduced from 143,000 dollars to 112,000 dollars; Ethereum was reduced from 4,304 dollars to 3,175 dollars. Under a bearish scenario, Bitcoin could fall to 58,000 dollars and Ethereum to 1,198 dollars; under a bullish scenario, Bitcoin could reach 165,000 dollars and Ethereum to 4,488 dollars.