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Charles Hoskinson: Bitcoin’s Price Could Reach $250,000 Amid Tech Giants and Regulation
In a recent interview with CNBC’s Beyond The Valley podcast, Cardano founder Charles Hoskinson expressed his bold prediction that the price of Bitcoin could reach as high as $250,000 by the end of 2025 or next year. According to Hoskinson, this unprecedented growth is largely attributed to the growing interest from tech giants and regulatory advancements in the crypto space.
Hoskinson cited rising adoption rates in the industry as a major factor that would propel Bitcoin’s price to new heights. He pointed out that global crypto ownership has grown by 13% in the past year, reaching an astonishing total of 659 million users. Furthermore, he highlighted the surge in institutional Bitcoin buying in Q1 2025, which he believes will put pressure on governments and institutions to consider investments in cryptocurrency.
The Cardano founder also emphasized the shifting global geopolitical landscape as a major driving force behind his forecast. He drew parallels with the ongoing conflict between Russia and Ukraine, stating that this shift would likely lead to a disintegration of the current rules-based international order. In light of this development, Hoskinson believes that digital currencies will gain traction as a viable alternative for international transactions and small-scale payments.
The entrepreneur also spoke about the potential impact of stablecoins on the market. He suggested that these new digital currencies could be utilized by tech giants like Apple, Microsoft, and Amazon to facilitate worker remuneration in various countries or enable microtransactions within their platforms. The “Magnificent 7” group of technology companies, which includes these three aforementioned names, may benefit from this shift.
Hoskinson’s prediction comes as a surprise, given the current market volatility and uncertainty surrounding Bitcoin’s future price trajectory. Nonetheless, his forecast has sparked debate in the crypto community, with some experts agreeing that his outlook is overly optimistic while others believe it could be an accurate representation of what lies ahead.
As always, readers are advised to form their own opinions on this prediction and seek professional advice before making any investment decisions.
Source: https://www.crypto-news-flash.com/charles-hoskinson-bitcoin-price-to-250k/?utm_source=rss&utm_medium=rss&utm_campaign=charles-hoskinson-bitcoin-price-to-250k
