Citi Downgrades Certain Crypto Trading Platform to Sell, Target Price Cut from $13 to $5.5

BTC-4,28%
ETH-5,97%

Gate News reports that on March 18 and March 19, Citibank downgraded the rating of a certain crypto trading platform from Neutral to Sell, lowering the target price from $13 to $5.50, stating that it will take several years for the platform to become profitable. Additionally, on the same day, Citibank announced a reduction of its one-year target price for BTC to $112,000 and ETH to $3,175.

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