The recent crypto market crash has sent jitters across the market, with investors cautiously planning their path. The latest bitcoin plunge has been the ultimate debating factor for the markets to discuss, with ominous BTC price predictions scaring investors more. That being said, Charles Hoskinson, founder of Cardano, believes that this crash is nothing but temporary and that the market looks very bullish in the long-term narrative.
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Hoskinson: BTC $250K Prediction Still On Point
In a new video that surfaced online, Charles Hoskinson, founder of Cardano, can be seen sharing his insights on the latest crypto market crash. Hoskinson shared how the current crypto price crash is mainly driven by macro reasons. He clarified how the recent crash has not been triggered by retail but due to macro events, such as economic instability, the Fed, and tariffs, which have been the primary issues that led the markets to crash violently.
“The crypto price drop is mainly driven by macroeconomic factors such as tariffs and economic instability. Not because the technology is weak.”
Hoskinson maintained his bullish stance on Bitcoin, adding that BTC’s run to $250K is still very much on the cards. Moreover, Hoskinson stated how this BTC cycle is more institutionally dominant, with BlackRock, Goldman Sachs, and Morgan Stanley leading the charge.
“Charles remains very optimistic about the next 12 months. He believes the market will strongly recover, predicting Bitcoin could reach $250,000 by the end of 2026. Unlike previous cycles led by retail investors. This cycle is driven by major institutions such as BlackRock, Goldman Sachs, Morgan Stanley, and even the U.S. government.”
Crypto’s Changing Outlook: The Sector Is Undergoing a New Identity Overhaul
Per Charles Hoskinson, cryptocurrency is now evolving at a rapid pace, outgrowing its past elements to embrace stablecoins, tokenization, and many more new identities.
“Crypto is evolving into global technology infrastructure, including stablecoins. Tokenization of traditional assets, AI, social networks, supply chains, and medical records. He predicts thousands of projects will “boom,” and then most will disappear, leaving only the strongest standards. He believes crypto will help countries continue to trade fairly despite global conflicts and constantly changing regulations.
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