In the short term, the decline in Bitcoin price is expected to fall to $60 thousand. But Cardano founder Charles Hoskinson is positive about BTC within a year. In his opinion, digital gold could reach $250 in late 2025 or early 2026.
The blockchain baron cited a combination of clearer regulations in the US regarding cryptocurrencies, the adoption of stablecoins by major tech companies, and potential loyalty to digital assets by the US Federal Reserve as reasons for the next growth of the crypto market.
«As soon as the Fed cuts interest rates, you will have a lot of fast and cheap money, which will then flow into cryptocurrencies».
Bitcoin, which recently fell below $77 thousand, recovered to above $82 thousand on April 9.
Hoskinson also added that such tech giants as Apple, Microsoft, Amazon, etc. will use stablecoins for global payment processing. He believes that cryptocurrencies are a better alternative to centralized traditional systems in times of tensions due to tariff wars and trade disruptions.
«Your only option for globalization — is cryptocurrency», — said the founder of Cardano.
Source: CNBC
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