#CryptoAdoption Bitcoin could reach $250,000 this year – FORECAST
Bitcoin, the flagship of cryptocurrencies, could surpass $250,000 in the coming months, despite the challenges.
The prediction was made by Charles Hoskinson, founder of the Cardano (ADA) blockchain platform.
"The markets are stabilizing. The adjustment to new norms is underway, and soon the US Federal Reserve (FED) will lower interest rates. This will pave the way for cheap and fast capital flows into cryptocurrencies."
According to Hoskinson, bitcoin, which has lost value due to new trade tariffs imposed by US President Donald Trump, will enter a period of strong growth after a 3-5 month stagnation.
