According to Charles Hoskinson, the factors for the upcoming growth of Bitcoin will be increased political instability and the expected easing of the U.S. Federal Reserve's policy.
'Trump's tariffs will turn out to be empty noise, and people will realize that the world is ready for negotiations, and that it is actually just the U.S. against China. Markets will stabilize a bit, get used to the new norm, and then the Federal Reserve will lower interest rates, and then you will have a lot of fast and cheap money flowing into cryptocurrency,' the businessman explained.
Hoskinson expressed confidence that after new laws on digital assets appear in the U.S., technology giants, the so-called 'Fantastic Seven' (Apple (NASDAQ:AAPL), Amazon (NASDAQ:AMZN), Microsoft (NASDAQ:MSFT), and others), will begin to use stablecoins for employee payments and micropayments.
The businessman said that the crypto market will be in a state of stagnation until the end of summer, but in the fall a new wave of speculative interest may begin, which will last until the end of next year.
Earlier, Matt Hougan, the investment director of Bitwise Asset Management, stated that the policy of U.S. President Donald Trump's administration aimed at weakening the national currency will allow Bitcoin to strengthen its position in the market.