Cardano Price Predicted to Cross $2 as Charles Hoskinson Tells CNBC When BTC Will Reach $250,000
The post Cardano Price Predicted to Cross $2 as Charles Hoskinson Tells CNBC When BTC Will Reach $250,000 appeared on BitcoinEthereumNews.com.
Cardano’s price action shows signs of bullish recovery as Charles Hoskinson’s CNBC comments stir fresh optimism across the crypto market. ADA Faces Resistance After 4% Climb on Thursday Cardano (ADA) rose by 4% on Thursday, reaching an intraday high near $0.70 before pulling back slightly, as trading volumes increased. The rally followed bullish remarks from Charles Hoskinson, the founder of Cardano, in a CNBC interview where he outlined bullish expectations for Bitcoin and the broader crypto markets. Cardano (ADA) Price Action, Source: Coingecko Hoskinson said the next big move in the market hinges on macro shifts and regulatory progress. Cardano has often mirrored Bitcoin’s momentum during past bull cycles. On Thursday’s ADA 4% oprice surge echoed broader sentiment improvements, but the rally has slowed down significant as it approaches the $0.70 indicates technical resistance. Hoskinson Says BTC Will Hit $250K as Market Catalysts Align Charles Hoskinson stated that Bitcoin’s projected rally will be fueled by upcoming U.S. crypto legislation, including the recently passed, Crypto Stablecoin bill. He also cited anticipated Federal Reserve interest rate cuts as another key catalyst. The Cardano founder noted that while current tariffs and trade tensions could weigh on markets, the likely resolution or normalization of these conflicts would bolster investor confidence. The markets will stabilize, the Fed will cut rates, and a wall of capital will pour into crypto. That’s what people are preparing for. Bitcoin could easily be over $250,000 by the end of this year or next year.” – Cardano Founder, Charles Hoskinson, via CNBC, April 2025 This, coupled with institutional interest from major tech players — dubbed the “Magnificent 7” (Apple, Microsoft, Amazon, Alphabet, Meta, Nvidia, and Tesla) — could lead to a speculative boom between August and September. Hoskinson expects the resulting wave of capital to flow heavily into altcoins, including…
Filed under: News - @ April 24, 2025 11:20 am