Canary Capital CEO Steven McClurg forecasts Bitcoin reaching between $140,000 and $150,000 by the end of 2025, driven by increasing institutional demand and ETF inflows. Despite Bitcoin's current all-time highs, he remains skeptical about Ethereum, viewing it as outdated compared to newer blockchains like Solana and Sui. While Ethereum has been experiencing a recent surge, McClurg predicts its momentum may diminish, asserting the dominance of Ethereum’s developer ecosystem may not be enough to sustain its growth. He also mentions the potential for a return of Litecoin as it can process transactions faster. Amidst volatility, he acknowledges that August typically presents challenges for risk assets but suggests potential strength for Bitcoin prices in the following months. Analysts agree with McClurg's Bitcoin predictions but advocate for Ethereum, citing its unique market position despite its technological age.

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