Global banking giant Citigroup has updated its cryptocurrency price forecasts, unveiling revised targets for Bitcoin (BTC) and Ethereum (ETH) as market conditions continue to evolve.
Citigroup’s Bold Crypto Forecast! 📰
With $2.62 trillion in assets under management, Citigroup now sees #BTC hitting $133K and #ETH reaching $4,500 by the end of 2025. This shows growing conviction from traditional finance that crypto’s next leg up is just beginning.
The tide… pic.twitter.com/W4KaWodrpd
— DaInvestopedia (@DaInvestopedia) October 2, 2025
Bitcoin Forecast: Cautious Optimism with Downside Risks
Citigroup now expects Bitcoin to reach $133,000 by the end of 2025, representing a 12% increase from its current level of around $118,700.
The bank also set a 12-month target of $181,000. However, it warned that in a bearish recession scenario, BTC could fall as low as $83,000.
While the long-term adoption story for Bitcoin remains intact, analysts noted that BTC is currently trading above adoption model estimates. Short-term headwinds, including a stronger US dollar and weak gold prices—were cited as reasons for trimming its previous forecast.
Ethereum Forecast: Stronger Institutional Confidence
In contrast, Citigroup gave Ethereum a bullish upgrade, projecting ETH at $4,500 by the end of 2025 and as high as $5,440 within the next 12 months.
In an optimistic scenario, ETH could surge to $6,400, while a bearish outlook suggests a potential drop to $2,200.
Analysts credited Ethereum’s revised forecast to:
- Rising institutional inflows
- Its appeal as a yield-generating asset
- Structural advantages in staking and decentralized finance (DeFi) infrastructure
Key Market Concerns of BTC and ETH
Despite optimism, Citi highlighted concerns about Ethereum’s reliance on Layer-2 scaling solutions to ease mainnet congestion. While Layer-2 growth supports ecosystem expansion, it does not always directly increase ETH’s intrinsic value, the bank cautioned.
Citigroup concluded that both Bitcoin and Ethereum remain central to institutional portfolios, but the outlook underscores growing divergence between the two leading cryptocurrencies. On the other hand, our analysts provide their Bitcoin price prediction and Ethereum price prediction today. Make sure to check it out.
