Citi Boosts Crypto Forecasts as Remittix Prepares for Token Launch

Citi has updated its 12-month price targets for Bitcoin and Ethereum, predicting they will reach $113,000 and $3,028 respectively.

According to Reuters, Citi pointed to stronger crypto activity, a more favorable macro backdrop, and renewed ETF inflows as drivers behind the increased forecasts.

Remittix, a PayFi project designed to turn supported crypto into fiat transfers through compatible bank routes, is also gaining momentum. The project has announced its final RTX presale price at $0.46 and plans to launch on November 24.

The Remittix team invites existing holders to test the initial EUR and USD options for PayFi, aiming to turn supported crypto into recurring fiat transfers.