PANews reported on October 2nd that Citigroup has raised its price forecasts for Bitcoin and Ethereum, according to a new report. The report raised Bitcoin's target price to $132,000 by the end of 2025 and its 12-month target to $181,000. It also set Ethereum's target price at $4,500 by the end of the year and $5,400 in the 12 months. Citigroup cited strong ETF flows and sustained institutional demand as the reason for the upward revisions. The report also noted that Citigroup is more bullish on Bitcoin, viewing it as "digital gold," but believes Ethereum's outlook is less certain.