Wall Street Bank Citigroup Sees Ether Falling to $4,300 by Year-End

Wall Street giant Citigroup (C) has launched new ether (ETH) forecasts, calling for $4,300 by year-end, which would be a decline from the current $4,515. That's the base case though. The bank's full assessment is wide enough to drive an army regiment through, with the bull case being $6,400 and the bear case $2,200. The bank analysts said network activity remains the key driver of ether’s value, but much of the recent growth has been on layer-2s, where value “pass-through” to Ethereum’s base layer is unc ...