FILE PHOTO: Souvenir tokens representing cryptocurrency Bitcoin and the Ethereum network, with its native token ether, plunge into water in this illustration taken May 17, 2022. REUTERS/Dado Ruvic/Illustration/File Photo

(Reuters) -Citigroup raised its year-end price target for ether to $4,500 from $4,300, citing strong flows from ETFs and digital asset treasuries.

The brokerage trimmed its bitcoin forecast to $133,000 from $135,000, pointing to offsetting macro factors, including a stronger dollar and weaker gold prices.

(Reporting by Rashika Singh in Bengaluru; Editing by Harikrishnan Nair)