Citi cuts Gemini price target while raising Bullish price target
2025-10-24 23:43:48
According to CoinDesk, Citi downgraded the target price of Gemini, which is neutral, while raising the target price of Bullish, which is a buy rating. The Citi analyst team said that Gemini's transaction growth will take longer, and despite strong credit card registrations and app downloads in October, the transaction volume is still lower than expected. Bullish's New York BitLicense approval and the expansion of institutional access are signs of its strong momentum.
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