TechFlow, April 12 — According to ZyCrypto, Charles Hoskinson, founder of Cardano, said in a CNBC interview that Bitcoin's price could reach $250,000 this year or next. The current Bitcoin price is $83,549.40.
Hoskinson believes that the entry of tech giants such as Microsoft and Apple into the cryptocurrency space, along with regulatory advancements, will drive significant price increases for Bitcoin. He expects the market may experience a brief stagnation over the next 3–5 months, but anticipates a notable surge in speculative interest around August or September, a trend that could last 6–12 months.
Additionally, he stated that upcoming U.S. stablecoin legislation and the Digital Asset Market Structure and Investor Protection Act will benefit the development of the crypto industry. The "Magnificent 7" tech giants may widely adopt stablecoins.
