The CEO of Canary predicts that Bitcoin will reach $ 150,000 this year – but Ethereum Surge will not last

Bitcoin could climb up to $ 150,000 before the end of the year, followed by another bear market in 2026, according to Steven McClurg, CEO of Canary Capital. But he is not convinced that Ethereum’s recent push will continue.

The prediction of the BTC intervenes while the cryptographic markets flirt with record vertices and institutional investors accumulate in funds negotiated on the stock market (ETF). Bitcoin reached a new summit of $ 124,128 on Wednesday.

“There is more than 50% chance that Bitcoin goes to the range of $ 140,000 to $ 150,000 this year before seeing another bear market next year,” said McClurg in an interview on Friday with CNBC.

McClurg awarded the rally to the growing demand for ETFs and an expansion base of institutional buyers, including sovereign funds, pensions and business treasury bills.

“These entries create a higher price in Bitcoin,” he said.

The forecasts come while Canary Capital has filed FTF requests linked to several altcoins, notably XRP, Suit, Cronus (CRO), Hedera (Hbar) and the official part of President Trump on Solana.

The cabinet did not file an ETF request linked to Ethereum, which McClurg has criticized as an obsolete network – although the ETH has been the largest winner in recent weeks among the big cryptocurrencies, approaching a summit of all time Thursday before cooling alongside the wider market.

“I’m not a big fan of Ethereum, only because it is an older technology,” he said. “There are many other protocols that are faster, cheaper to transform and fundamentally safer.”

McClurg has credited Ethereum from “a big race over about a five -year period”, but said that new block channels like Solana et Su oversplip it. “I expect it to drop and not see the heights of all time,” he added.

An analyst who Decipher spoke with the skepticism of McClurg towards Ethereum.

“Ethereum will be extremely difficult to compete despite what some call” older technology “because Ethereum has the developer’s ecosystem,” said Amberdata derivatives, Greg Magadini Decrypt. “It’s like the iPhone platform that allows developers to create applications directly on its infrastructure. These network effects are made up only over time. ”

Magadini predicts that Ethereum will catch up with Bitcoin on a relative basis, ETH / BTC reaching 7%, which implies an ETH price between $ 8,000 and $ 10,000.

Despite this, Magadini agreed that Bitcoin could exceed $ 150,000 in 2025, driven by the coverage of inflation and the appetite of investors for the risk.

“Given the combination of a stock market rally and political pressure on the Fed to reduce rates while inflation remains high, we have the perfect context for higher prices of bitcoin,” he said. “Bitcoin moves as a mixture of digital gold and an asset at risk – and at the moment, these feelings are helping prices to increase.”

McClurg de Canary also launched the idea of a Litecoin return, comparing it to “Silver” alongside “Gold” in Bitcoin. The company also deposited with the SEC to launch a Litecoin ETF spot.

“Litecoin has the ability to treat ordinals much faster,” said McClurg, referring to digital art and data registration which, according to criticism, have set out the Bitcoin network (although less recently). “So I expect Litecoin to come back in a major way and to be used for smaller transactions.”

McClurg also noted that the crypto seasonality could add volatility in the coming months.

“August is historically a bad month for any risk actors, especially cryptocurrencies,” he said. “September and October are generally very strong.”

Canary Capital did not immediately respond to Decipher Comment request.