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Hoskinson Slams Crypto Tariffs, Predicts Bitcoin $250,000 Amid Global Trade Disruption
Charles Hoskinson, the founder of Cardano, has spoken out against proposed crypto tariffs, stating that they will have little impact on the long-term adoption of cryptocurrencies. In a bold prediction, he also forecasted that Bitcoin’s price could reach as high as $250,000 by the end of 2025 or early 2026.
Hoskinson’s comments come at a time when global trade disruption is causing significant uncertainty and volatility in financial markets. He believes that Bitcoin’s decentralized structure will allow it to continue functioning even if traditional banking systems stall.
The Cardano founder stated that any future crypto tariffs would be already priced into the market, and thus have little effect on the long-term potential of cryptocurrencies. He also dismissed concerns about the impact of conflict and geopolitical instability on the sector, stating that his predictions were not tied to short-term fluctuations in price.
Hoskinson’s prediction of a $250,000 Bitcoin price comes as the cryptocurrency continues to experience significant growth and adoption. Despite recent volatility, he believes that the underlying fundamentals of the market are strong and that Bitcoin is poised for further appreciation.
In conclusion, Hoskinson’s statements highlight the growing importance of cryptocurrencies in today’s global financial landscape.
Source: https://coinchapter.com/hoskinson-slams-crypto-tariffs-predicts-bitcoin-250000-amid-global-trade-disruption/?utm_source=rss&utm_medium=rss&utm_campaign=hoskinson-slams-crypto-tariffs-predicts-bitcoin-250000-amid-global-trade-disruption
