Stephen McClurg, CEO of investment firm Canary Capital, stated that the price of Bitcoin could reach $140,000–$150,000 by the end of 2025 with a probability of over 50%. In a comment to CNBC, he noted that the main driver of growth is significant demand for spot Bitcoin ETFs from large companies, including sovereign funds and insurance companies. McClurg emphasized that the current price $BTC ($118,320) has the potential to rise by 19–27%, but after reaching a new historical high in 2026, a correction and the start of a bear market may occur.
The expert also expressed skepticism regarding $ETH , calling it an outdated technology compared to Solana and Sui, and does not forecast new historical highs for it. Instead, Canary Capital has applied for an ETF for Litecoin, which McClurg compares to 'silver' against the 'gold' of Bitcoin. He noted that August is traditionally weak for the crypto market, but growth may resume in September–October.
McClurg's forecast reflects a growing institutional interest in Bitcoin, which could push it to new heights in 2025 if macroeconomic conditions remain favorable.
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