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Citi Calls For Much Higher BTC, NEAR ETF Goes Live, And More – Weekly Recap

Published Source: Bitcoin.com NewsRead original

Crypto Insight Summary: This week’s stories spanned institutional forecasts, security failures and new crypto products. Citi raised its 12-month bitcoin target to $113,000 and projected $5 billion in crypto fund inflows. NEAR Intents disclosed a $3.8 million exploit, while Zano rewound its chain by 30 days after more than $200 million in illicit token minting. Bitwise launched a […] Crypto Insight Analysis: Direction: Bullish BTC / Neutral NEAR Impact: Minor Impact Horizon: Mid-term (1-8 weeks) Reasoning: Citi's forecast and ETF launch provide positive sentiment, but exploit news offsets NEAR gains.

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Citi Calls For Much Higher BTC, NEAR ETF Goes Live, And More – Weekly Recap — Crypto Insight