Canary CEO predicts Bitcoin will hit $150K this year—but Ethereum surge won’t last

In an interview, Steven McClurg stated there’s a greater than 50% chance Bitcoin will climb to between $140,000 and $150,000 by year-end 2025, before facing a bear market in 2026. He attributes this surge to institutional interest and ETF inflows.

While Ethereum has performed well recently, McClurg cautioned that its recent surge might not be sustainable. He favors newer blockchain technologies over Ethereum, citing their efficiency and security, and notes concerns about Ethereum’s long-term competitiveness in the crypto space.

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