Citi's $113,000 Bitcoin Target Puts Spotlight on Remittix's November 24 RTX Launch

Citi has boosted its 12-month Bitcoin price target to $113,000, citing stronger crypto activity, a more favorable macro backdrop, and renewed ETF inflows. This new target implies a 31% upside from Bitcoin's current price near $86,000.

Meanwhile, Remittix, a payments and trading app, is gearing up for its RTX token launch on November 24. The project has already seen initial testing with its PayFi feature, which allows users to convert supported crypto into fiat via compatible banking routes.

Remittix's addressable market is substantial, with the World Bank estimating global remittances at $856 billion in 2024. A modest share of this market could bring hundreds of millions in annual transfer volume and millions in possible fees.

With over $32 million raised towards its $36 million hard cap, Remittix is giving buyers a chance to explore its financial app before its token launches. The project's wallet, Markets venue, and PayFi test point toward an app that could manage multiple aspects of a user's financial life.