By Nermeen Nabil Khear 
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.
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 also predicted that upcoming U.S. legislation, including a stablecoin bill and the Digital Asset Market Structure and Investor Protection Act, would be a boon for the crypto industry.
These bills, currently progressing through Congress, seek to establish a clear regulatory framework for digital assets. Stablecoins could enjoy widespread adoption by the “Magnificent 7” tech giants, such as Apple, Microsoft, and Amazon (AMZN), Hoskinson added.
The ADA creator further pointed to steady adoption of crypto assets and geopolitical shifts as other factors that could propel Bitcoin prices.
As a result, Hoskinson expects a temporary lull in the market “for probably the next three to five months,” followed by a significant surge of speculative interest around August or September. “That’ll carry through probably another six to 12 months,” he postulated.
This articles is written by : Nermeen Nabil Khear Abdelmalak
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