Bitcoin could climb as high as $250,000 by the end of this year or 2026, according to blockchain entrepreneur Charles Hoskinson.
The Cardano founder indicated he believes adoption by major technology companies and clearer regulations will drive the next wave of growth in the cryptocurrency market.
Speaking to CNBC during the “Beyond the Valley” podcast, Hoskinson said investors are likely to adjust to the current macroeconomic environment, including rising geopolitical tensions and shifts in US trade policy. He added that once markets stabilize and the US Federal Reserve lowers interest rates, capital would start flowing back into digital assets.
“The markets will stabilize a little bit, and they’ll get used to the new normal, and then the Fed will lower interest rates, and then you’ll have a lot of fast, cheap money, and then it’ll pour into crypto,” he said.
Hoskinson Remains Bullish Despite Volatility and Sharp Market Swings
Hoskinson made the comments before US President Donald Trump announced a temporary pause on a new round of global tariffs. The move came after days of volatility in equity and crypto markets.
Bitcoin dropped below US$77,000 earlier in the week but rebounded above $82,000 following the pause. Despite the recovery, the assets remains well below its record high above $100,000 in January.
Hoskinson, who also helped launch Ethereum and now leads Input Output, pointed to several reasons for his bullish view. This includes the growing number of cryptocurrency users around the world. Data from Crypto.com shows ownership was up 13% year on year in 2024 to 659m.
Hoskinson Predicts Big Tech Will Turn to Stablecoins for Global Payments
He also argued that global instability is pushing countries away from traditional systems and making decentralised options more attractive. “If Russia wants to invade Ukraine, it invades Ukraine. If China wants to invade Taiwan, it’s going to do that. So treaties don’t really work so well, and global business doesn’t really work so well there. So your only option for globalisation is crypto,” Hoskinson said.
Legislative efforts in the US could also play a key role. Hoskinson expects new bills on stablecoins and digital asset market structure to pass in the coming months. These laws could provide clarity for investors and open the door for mainstream adoption.
Hoskinson believes that the largest technology companies may soon explore stablecoin integration. The so-called Magnificent 7, which includes Apple, Microsoft and Amazon, could use blockchain-based tokens for cross-border payments or microtransactions. He said this would reduce costs and increase efficiency.
While he expects the crypto market to remain quiet for the next few months, Hoskinson sees a turning point later this year. He predicted a new wave of investor interest starting around August or September that could continue into 2026.
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