#MarketRebound Bitcoin Surprise. The founder of Cardano expects a jump to $250,000 this year

Charles Hoskinson, founder of the Cardano network, said that the cryptocurrency Bitcoin could rise to $250,000 during the year 2025, driven by the expansion of large tech companies like "Microsoft (NASDAQ:MSFT)" and "Apple (NASDAQ:AAPL)" into the cryptocurrency market.

In an interview with CNBC, Hoskinson explained that the anticipated reduction in interest rates by the Federal Reserve and the new U.S. legislation to regulate digital assets will represent a strong incentive for large liquidity to enter the market.

He added that global geopolitical tensions reinforce the role of cryptocurrencies as a safe haven, anticipating a wave of increases that will begin in late summer and continue until the middle of next year.