Cardano founder: BTC may rise to $250,000 by the end of this year

ChainCatcher news, Cardano founder Charles Hoskinson stated in an interview with CNBC that with tech giants like Microsoft and Apple entering the cryptocurrency space, Bitcoin could reach $250,000 as early as this year.

Charles Hoskinson said: "The tariffs may ultimately be more noise than substance, and people will realize that most countries are willing to negotiate. The market will stabilize a bit and gradually adapt to the new normal, then the Federal Reserve will lower interest rates, at which point a large amount of capital will flow in, and this capital will eventually pour into the crypto market. I believe Bitcoin will reach $250,000 by the end of this year or next year."