Citigroup Predicts Ethereum Price Fluctuations Amid Market Uncertainty

NEW YORK, NY — Citigroup analysts predict that Ethereum, the second-largest cryptocurrency by market capitalization, may decline to $4,300 by the end of 2025. This forecast comes as the current price hovers around $4,450, significantly lower than the $4,953 peak seen on August 24.

In a research note dated September 16, analysts outlined both a bullish and bearish outlook for Ethereum. They project a possible high of $6,400 if market conditions improve, influenced by growing activity from stablecoins or tokenization. Conversely, their bearish scenario suggests a drop to $2,200, largely driven by recessionary pressures and declining stock market performance.

“As we move towards year-end, the uncertainty will drop, and the bull and bear cases will converge towards our base case,” the analysts stated, suggesting that market clarity may influence Ethereum’s trajectory.

Despite Citigroup’s cautionary stance, some industry experts remain optimistic about Ethereum’s potential. Mark Newton, managing director at Fundstrat Global Advisors, forecasts a rise to $5,500 by mid-October. This outlook reflects a more positive sentiment within certain sectors of the cryptocurrency community.

Adding to the bullish sentiment, Standard Chartered Bank’s recent projections estimate Ethereum could hit $15,000 by the end of 2025 and possibly reach $25,000 by 2028. Geoffrey Kendrick, an analyst at Standard Chartered, emphasized that Ethereum is likely to see increased inflows compared to traditional assets like U.S. Treasuries.

Kendrick noted the impressive growth of Ethereum derivatives and other products, with Ethereum Decentralized Autonomous Tokens (DATs) now holding 3.1% of all Ethereum in circulation.

In another significant development, the corporate treasury for Ethereum, which holds over 838,152 Ethereum valued at more than $3.7 billion, recently repurchased 1 million shares as part of a $1.5 billion buyback program initiated in August. The company has completed a total of 1.9 million shares repurchased, citing a belief that its stock is undervalued, and stating, “Stock repurchases represent the best method to maximize stockholder value under current market conditions.”