Canary Capital CEO Steven McClurg predicts Bitcoin could reach $150,000 by the end of this year, driven primarily by increasing demand from ETFs and institutional buyers. McClurg attributes the price surge to rising interest from various investors, including sovereign wealth funds and pension funds, contributing to a bullish market momentum. However, he expresses skepticism regarding Ethereum's future growth, suggesting that newer and faster blockchain platforms are outpacing Ethereum’s technology. While acknowledging Ethereum’s strong market presence, he feels it may not recover to all-time highs, advocating instead for newer technologies like Solana and Sui. An analyst from Amberdata challenges McClurg's views, emphasizing Ethereum's dominance in the developer ecosystem, which he believes will sustain its relevance. Overall, experts agree that Bitcoin's unique proposition as a hedge against inflation and its risk-on asset nature could propel its price beyond $150,000 this year.

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