Steven McClurg, CEO of Canary Capital, forecasts that Bitcoin may reach between $140,000 and $150,000 by the end of the year, driven by ETF inflows and institutional investment. He believes that Bitcoin's new all-time high indicates strong demand in the market. However, he expressed skepticism about Ethereum's recent surge, describing it as an outdated technology compared to newer blockchains like Solana and Sui. McClurg noted that while Ethereum has had a strong run historically, he expects its dominance to decline. An analyst from Amberdata countered this view, highlighting Ethereum's significant developer ecosystem and suggesting that it could continue to hold a competitive edge. Despite differing opinions on Ethereum's future, there is agreement that Bitcoin could thrive in the current economic climate, priming it for further growth. Additionally, trends in Ethereum staking could lead to increased sell pressure, as numerous holders are preparing to unstake their tokens, potentially affecting its price.

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