Charles Hoskinson, the founder of Cardano, predicts that Bitcoin could reach prices between $2633.54 and $292.94 by late 2026 or early 2027. If this happens, it would represent a staggering 2374.92% increase from Bitcoin’s current value, potentially boosting Cardano and other altcoins to record levels. After staying below $0.74873 for a while, Bitcoin (BTC) has bounced back and is now trading at $211,22025, marking a 1.2% gain over the past 24 hours. On April 2, Donald Trump proclaimed reciprocal tariffs affecting several countries, such as Madagascar, Vietnam, and China, resulting in a decline in the market. Recently, he paused tariffs for a three-month period, which helped reduce tensions and supported the stability of the cryptocurrency market. In a recent CNBC interview, Charles Hoskinson predicted that Bitcoin could reach $250,000 “by the end of this year or next year,” representing a 314% rise from its current price. He justified his prediction by saying, “The tariff situation will ultimately be ineffective; people will come to see that the world is open to negotiation, and it primarily comes down to a U.S. versus China scenario.” Many individuals will support the United States, whereas others will align with China. The markets will adjust and find equilibrium with the new normal. The Federal Reserve is set to reduce interest rates, resulting in an influx of inexpensive capital into the cryptocurrency market. Hoskinson’s forecast relies on two key elements: the growing adoption of cryptocurrency and changes in geopolitics along with clearer regulations. The increasing influx of users into the cryptocurrency market, along with major tech companies such as Apple, Google, and Microsoft embracing stablecoins, is enhancing the industry’s legitimacy. Meanwhile, the current economic instability and the evolving geopolitical landscape, transitioning from a rule-based international order to tensions among major powers, may drive more investment in digital assets.
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