Cardano Founder “Bitcoin, Possible To Surpass $250,000 This Year… Fed Cut Will Be A Catalyst”

Cardano Founder Charles Hoskinsons (Source: CoinGape)

Charles Hoskinson, the founder of Cardano (ADA), has suggested $250,000 as Bitcoin's year-end target. He emphasized that global trade conflicts and interest rate changes could actually present opportunities for the cryptocurrency market.

In an interview with CNBC on the 9th (local time), Hoskinson stated, “The current tariff war is just a noisy event,” and assessed, “The actual economic impact will be limited as countries around the world are willing to sit at the negotiation table with the US.”

He continued, “The market will eventually adapt to this new environment,” predicting that “once the Federal Reserve moves towards cutting rates and supplying liquidity, that money is likely to flow naturally into cryptocurrencies.”

Particularly regarding Bitcoin, he stated, “It could exceed $250,000 within this year,” adding that a policy shift by the Federal Reserve would be a decisive catalyst.

Hoskinson's remarks represent the stance of optimistic long-term cryptocurrency industry figures, even amidst a volatile market atmosphere due to consecutive tariff clashes, interest rate uncertainties, and Bitcoin ETF fund outflows.