Cardano Founder Hoskinson Issues Epic BTC Price Prediction ⋆ ZyCrypto
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Advertisement     Despite the recent market rollercoaster, Charles Hoskinson remains optimistic about Bitcoin’s future prospects. The Cardano founder has predicted that the price of the alpha crypto could hit $250,000 by the end of this year due to Big Tech entering the crypto arena and regulatory progress. Bitcoin to Explode to $250,000 by Year-End In a recent interview with CNBC, Charles Hoskinson stated that Bitcoin, currently priced at $82,705, could be primed for a dramatic surge as early as this year, with technology behemoths like Microsoft and Apple moving into crypto. The world’s largest crypto has endured increased volatility in recent weeks, spurred by President Donald Trump’s aggressive trade policies, which have heightened inflation concerns and limited appetite for risk assets among investors. After slumping below $75,000 earlier this week, Bitcoin rebounded on Wednesday after Trump announced a 90-day pause on tariffs of at least 10% on all U.S. imports. BTC, which has gained 1.3% in the past day, has fared better than the broader crypto market, which saw its market capitalization plunge 0.8% since yesterday, according to CoinGecko data. Advertisement   Hoskinson doesn’t expect these tariffs to escalate into a prolonged global trade war with widespread negative consequences. “What will happen is that the tariff stuff will be a dud, and that people will realize that the world is willing to negotiate, and it’s really just US versus China,” he said. The Ethereum co-founder believes Bitcoin could rise to $250,000 “by the end of this year or next year” as tariff concerns ease off. Hoskinson forecasts that the global economy will adjust to a ‘new normal,’ after which the U.S. Federal Reserve will likely slash interest rates, thus making capital cheaper. That implies that more “fast, cheap money” could pour into crypto. Macroeconomic Factors Underpinning Bitcoin Price Hoskinson…
Filed under: News - @ April 12, 2025 7:28 am