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Cardano Founder Hoskinson Doubles Down On $250,000 Bitcoin Forecast As Pro-Crypto Legislation Advances
In a recent Twitter post, Charles Hoskinson, the founder of Cardano, has reiterated his forecast that Bitcoin’s price will reach an astonishing $250,000. This bold prediction comes as pro-crypto legislation advances in the US Senate and House Financial Services Committee.
Hoskinson, who co-founded Ethereum and has been instrumental in shaping the crypto industry for over a decade, asserts that these legislative developments will be the catalyst for the unprecedented growth he expects to see. The Cardano founder believes that the passing of bills like GENIUS and Clarity Acts will pave the way for “trillions” of investments into alternative coins.
The forecast comes as Bitcoin’s price has already surged past $118,000, with market activity indicating a clear upward trend. In a tweet, Hoskinson shared a Jurassic Park GIF to emphasize his confidence in this prediction, stating that “we are going to see $250k bitcoin and trillions enter the space for the alts.”
The bullish sentiment from Hoskinson’s statement is likely to be welcomed by investors who have been waiting for clear signs of institutional investment and regulatory support.
Source: zycrypto.com
