Cardano Founder: Bitcoin Could Reach $250,000 by End of This Year

BlockBeats News, April 10, Cardano founder Charles Hoskinson said in an interview with CNBC that with tech giants such as Microsoft and Apple entering the cryptocurrency space, Bitcoin could reach $250,000 as soon as this year.

Charles Hoskinson stated: "The tariff issue may ultimately be much ado about nothing, and people will realize that most countries are willing to negotiate. The market will stabilize a bit, gradually adapt to the new normal, and then the Fed will cut interest rates, at which point a large amount of money will flow in, and this money will eventually pour into the crypto market. I believe Bitcoin will reach $250,000 by the end of this year or next year."