$ETH

Hoskinson, who also co-founded the Ethereum series and has been part of the sector for over ten years, stated that he expects Bitcoin to reach $250,000 "by the end of this year or next year".

He added during a recording of an episode of the "Beyond The Valley" podcast on Tuesday: "What will happen is that the tariff issue will fade away, and people will realize that the world is ready to negotiate, and that it is essentially a struggle between the United States and China. Many people will stand by us, while some will side with China."

He continued: "Markets will stabilize a bit, and they will get used to the new situation, then the Federal Reserve will lower interest rates, which will lead to a flow of fast and cheap money into the cryptocurrency market."

Hoskinson made these statements before Trump's announcement of a temporary suspension of comprehensive reciprocal tariffs.