{"id":907449,"date":"2026-05-22T08:12:15","date_gmt":"2026-05-22T13:12:15","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2026\/05\/22\/expert-says-high-inflation-and-midterms-could-push-bitcoin-ethereum-and-xrp-prices-lower\/"},"modified":"2026-05-22T08:12:15","modified_gmt":"2026-05-22T13:12:15","slug":"expert-says-high-inflation-and-midterms-could-push-bitcoin-ethereum-and-xrp-prices-lower","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2026\/05\/22\/expert-says-high-inflation-and-midterms-could-push-bitcoin-ethereum-and-xrp-prices-lower\/","title":{"rendered":"Expert Says High Inflation and Midterms Could Push Bitcoin, Ethereum and XRP Prices Lower"},"content":{"rendered":"
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\"Silver<\/figure>\n<\/div>\n
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Bitcoin dropping to $65,000 this summer is \u201cnot entirely shocking\u201d to Canary Capital CEO Steven McClurg. Neither is a rally back above $90,000 by year end.\u00a0<\/p>\n

\u201cBitcoin back down to 65 isn\u2019t entirely shocking to me,\u201d he said. <\/a>\u201cAnd then rallying back up to north of 80, maybe even 90 by the end of the year also wouldn\u2019t be a big shock to me, but likely wouldn\u2019t happen until closer to midterms or after.\u201d<\/p>\n

Why Summer Is the Problem<\/strong><\/h3>\n

McClurg\u2019s reasoning is macro, not technical. High inflation, rising yields on both the 10-year and 30-year and uncertainty around midterm elections pulling institutional attention away from risk assets. A potential recession in the background. None of those conditions are friendly to Bitcoin or crypto broadly.<\/p>\n

\u201cI still believe the summer is going to be tough given uncertainty around midterms,\u201d McClurg said.<\/p>\n

The setup he described is not unique to crypto. It is a risk-asset repricing that happens every time the political calendar creates uncertainty and the macro backdrop tightens simultaneously.<\/p>\n

Where the Opportunity Is<\/strong><\/h3>\n

McClurg\u2019s framework for when to go all-in was specific.<\/p>\n

\u201cWealth is made right at the cusp when everybody has lost hope and somebody is willing to risk,\u201d he said. \u201cKnowing that whether it\u2019s toward the end of the recession or toward the end of an inflation cycle, that is the trigger.\u201d<\/p>\n

For investors with dry powder, McClurg\u2019s roadmap implies a summer accumulation window in the $65,000 to $67,000 range for Bitcoin before what he expects to be a post-midterm recovery toward $90,000.<\/p>\n

XRP and Ethereum Still Favoured<\/strong><\/h3>\n

On altcoins McClurg separated the field clearly. Ethereum and XRP he described as likely to continue performing well. Solana he gave partial credit to but flagged a distribution problem that has held back other technically strong products in Silicon Valley before.<\/p>\n

\u201cYou can have one of the best products out there but if you don\u2019t have distribution then really you just don\u2019t have anything,\u201d he said of SUI specifically, a concern he said applies to any network competing for institutional adoption without an established pathway to scale.<\/p>\n

The Full Picture From McClurg<\/strong><\/h3>\n

Taken together across the interview McClurg laid out a specific and internally consistent view:<\/p>\n