The Tape
Markets, money, and the policy that moves them.
Sunday, November 8, 2026 · UTC
The Markets

Citigroup lifts Bitcoin 12-month forecast to $113,000 as Bitcoin retreats post inflation data

October 1 2026 saw the bank raise crypto price targets while spot Bitcoin pulled back following US inflation prints.

Marcus Vance
Markets Reporter
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As of 2026-10-01 09:24 UTC. Market figures are as the cited sources reported them at that time and may have moved since. This is news, not investment advice.
Citigroup raised its 12-month price forecast for Bitcoin to $113,000 from $82,000 on October 1 2026. The bank also lifted its Ether forecast over the same horizon, citing stronger crypto activity and macroeconomic conditions.[1]