Canary Capital CEO Steven McClurg predicts that Bitcoin could reach between $140,000 and $150,000 by the end of 2025, spurred by increased institutional investments and demand for exchange-traded funds (ETFs). He is skeptical about Ethereum's recent surge, referring to it as an outdated technology and pointing towards newer blockchains like Solana and Sui as more promising alternatives. McClurg noted that institutional inflows are driving Bitcoin's price increase, emphasizing the interest from major investors such as sovereign wealth funds. While Ethereum has seen significant gains, analysts like Greg Magadini argue that Ethereum's developer ecosystem and app dominance could maintain its relevance. Additionally, high levels of Ethereum being unstaked may introduce substantial sell pressure in the near term. McClurg also discussed the potential resurgence of Litecoin, likening it to 'silver' in comparison to Bitcoin's 'gold' status, and highlighted the historical volatility of cryptocurrencies during the summer months.

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