Future Predictions for Bitcoin: How Will It Reach $250,000 This Year?

Charles Hoskinson, the founder of Cardano, predicts that the price of Bitcoin could rise to more than double its all-time high by 2025. During his appearance on the "Beyond the Valley" podcast on CNBC, Hoskinson noted that the entry of major tech companies like Apple and Microsoft into the cryptocurrency market could significantly boost Bitcoin's growth, despite the current market volatility.

Despite the current price fluctuations, Hoskinson believes that Bitcoin will regain its strength in the coming months, and he expects it to reach $250,000 this year or early next year. This prediction exceeds double Bitcoin's all-time high, which was around $109,000. Factors Contributing to the Expected Rise of Bitcoin

Among the key factors that could contribute to the rise in Bitcoin's price, Hoskinson points to the increasing number of cryptocurrency users. According to data from Crypto.com, the number of cryptocurrency owners increased by 13% in 2024, reaching 659 million people. This growing adoption indicates a rise in demand for digital assets, which could lead to price increases in the future.

Regarding geopolitical shifts, Hoskinson noted that major countries like Russia and China are taking decisive actions on 04585496164

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