Citi lifts ether outlook, trims bitcoin view as investor flows shift

By Rashika Singh (Reuters) -Citigroup raised its year-end outlook for ether and slightly trimmed its view on bitcoin, citing shifting investor flows and macroeconomic crosscurrents. Investors are increasingly favouring the yield-generating ether over bitcoin, the world's largest cryptocurrency, which relies solely on price appreciation. The Wall Street brokerage's target of $133,000 for bitcoin implies a roughly 12% upside from its trading level of $118,747.48, as of 0530 GMT. For ether, the target is $ ...