Key Takeaways
Charles Hoskinson predicts Bitcoin could hit $250,000 by 2025 due to Big Tech adoption and regulatory progress.
Crypto asset ownership has increased by 13% year-on-year, supporting strong price predictions for Bitcoin.
Bitcoin is poised for a dramatic rally to $250,000 this year, as tech giants move into crypto, regulations solidify, and central banks shift gears, said Charles Hoskinson, founder of the Cardano blockchain, in a podcast interview with CNBC this week.
Bitcoin traded around $81,800 at press time, down roughly 12% year-to-date, per TradingView.
The largest digital asset has seen heightened volatility over the past week, driven by President Trump’s sweeping tariffs, which have weighed heavily on global equity markets.
While Bitcoin has shown some signs of decoupling, it has largely tracked tech stocks.
After dipping below $75,000 earlier this week, Bitcoin rebounded above $82,000 on Wednesday after Trump announced a temporary tariff reduction to 10% for most countries during a 90-day negotiation window. US stock markets have also bounced back following the news.
Hoskinson does not think these tariffs will escalate into a prolonged global trade war with widespread negative consequences.
“What will happen is that the tariff stuff will be a dud, and that people will realize that the world is willing to negotiate, and it’s really just US versus China,” he said.
Hoskinson predicts the global economy will adjust to a ‘new normal,’ after which the Federal Reserve is likely to cut interest rates, making capital cheaper. That means more “fast, cheap money” could flow into risk assets, like crypto.
Cardano’s founder is optimistic about new US laws, especially the pending stablecoin legislation and the Digital Asset Market Structure and Investor Protection Act. He believes these could provide the clarity needed for institutional adoption.
Hoskinson sees tech giants like Apple, Microsoft, and Amazon entering the crypto space — particularly through stablecoins. He suggests that they could adopt stablecoins for international worker payments or microtransactions.
The co-founder of Ethereum also points to steady growth in users and geopolitical shifts as other drivers of Bitcoin demand.
He believes the world is shifting from a rules-based international order to a “great powers conflict” era. In that environment, crypto becomes a hedge against failing trust in institutions and treaties.
“[The crypto market] will stall for probably the next three to five months, and then you’ll have a huge wave of speculative interest come, probably [in] August or September, into the markets, and that’ll carry through probably another 6 to 12 months,” Hoskinson said.