In a recent interview with CNBC, Charles Hoskinson, co-founder of Ethereum and the creator of Cardano, shared an intriguing prediction regarding the future of Bitcoin. He speculated that the cryptocurrency could reach a value of $250,000 within this year or next, especially amid the ongoing volatility in the cryptocurrency market tied to US tariff policies.
Despite Bitcoin’s recent struggles, having fallen from its peak of over $100,000 in January, Hoskinson remains optimistic. He attributes the potential increase to several factors: he anticipates easing tariff tensions, greater market stabilization, and an expected interest rate cut from the US Federal Reserve. This monetary shift, he suggests, could lead to an influx of capital into the cryptocurrency sector. Additionally, the number of cryptocurrency users is projected to grow to 659 million, reflecting a 13% increase compared to 2024, which, along with the evolving geopolitical landscape, positions cryptocurrencies favorably for globalization.
In a noteworthy statement, Hoskinson also mentioned the potential embrace of stablecoins—cryptocurrencies designed to maintain a steady value—by major technology companies, referred to as the ‘Magnificent 7,’ which includes Apple and Microsoft. He foresees that the anticipated passage of significant legislation regarding stablecoins and the framework for digital assets in the US could serve as a catalyst for adoption. This would enable major firms to utilize stablecoins for international employee payments and streamline microtransactions, offering a more efficient alternative to traditional payment systems.
Looking ahead, Hoskinson predicts that the cryptocurrency market may face stagnation for the next 3-5 months. However, he expects a wave of speculative interest to resurface around August or September 2025, potentially lasting for 6-12 months as the market reacts to new regulations and the entrance of large tech companies into the stablecoin space.
While these predictions remain personal opinions, the insights from a seasoned figure like Charles Hoskinson provide an encouraging perspective for crypto investors, particularly during uncertain market conditions.
