Citigroup Revises Bitcoin (BTC) and Ethereum (ETH) Price Forecasts Amid U.S. Regulatory Delays

Global financial giant Citigroup has adjusted its price targets for Bitcoin (BTC) and Ethereum (ETH). This strategic revision comes as progress on comprehensive cryptocurrency legislation in the United States faces significant delays. Analysts at the bank cite the ongoing regulatory uncertainty in Washington as a key factor influencing their updated market outlook. The stalled legislative efforts are creating a headwind for the broader crypto market, impacting institutional adoption forecasts and near-term valuation models. This move by a major Wall Street institution highlights the growing sensitivity of crypto asset valuations to the evolving regulatory landscape in key jurisdictions like the U.S.