Bitcoin Price Hits $120K! JPMorgan Eyes $165K, Citi Predicts $231K – What’s Next?
Bitcoin traded near $120,000 on Oct 3, its highest since mid-August, with a 24-hour range of $118,416 to $121,044 and a market cap of $2.37 trillion. U.S. spot Bitcoin ETFs saw $627 million in net inflows on Oct 2, while Ethereum ETFs took in $307 million. The U.S. government shutdown paused SEC ETF approvals. JPMorgan and Citibank forecast Bitcoin could reach $165,000–$181,000 within a year.