The founder of Cardano, Charles Hoskinson, has recently attracted attention by making one of the most optimistic forecasts ever: Bitcoin could reach $250,000 by early 2026, while altcoins will attract trillions of dollars in new investments.
The meteoric rise of Bitcoin has pushed the price to a new record high of $118,195, according to data from CoinGecko.
In just the past two days, Bitcoin has continuously broken its own records. Meanwhile, major altcoins have also surged: Cardano (ADA) increased by nearly 13%, Ethereum (ETH) rose by 8.5%, and XRP climbed by 7.1% within 24 hours.
As a result, the total market capitalization of cryptocurrencies has now surpassed $3.75 trillion, with Bitcoin alone accounting for 62.6% of the market share.