Canary Capital CEO Steven McClurg predicts Bitcoin could reach $150,000 by year’s end, citing strong institutional demand and ETF inflows as key drivers. He attributes the anticipated surge to an expanding institutional base, including pensions and sovereign wealth funds, alongside the recently achieved all-time high of $124,128. Conversely, McClurg expresses skepticism about Ethereum's recent performance, highlighting its outdated technology compared to newer blockchains like Solana and Sui, suggesting that Ethereum might not maintain its current surge. Despite this, other analysts maintain Ethereum’s dominance due to its extensive developer ecosystem. They argue it could still see significant prices, suggesting ETH could reach between $8,000 and $10,000. Concerns also arise over 855,158 ETH in the validator exit queue, which could influence ETH's market pressure. McClurg also hints at a potential Litecoin resurgence amidst observed volatility in the crypto market, particularly in the approaching historically strong months of September and October.

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