Cardano founder: Bitcoin may rise to $250,000 by the end of this year

Cardano founder Charles Hoskinson said in an interview with CNBC that Bitcoin could reach $250,000 as soon as this year, with tech giants like Microsoft and Apple entering the cryptocurrency field. Charles Hoskinson stated: "The tariffs may end up being all bark and no bite, people will realize that most countries around the world are willing to negotiate. The market will stabilize a bit and gradually adapt to the new normal, then the Federal Reserve will cut interest rates, at which point there will be a large influx of funds, and these funds will eventually pour into the crypto market. I believe Bitcoin could reach $250,000 by the end of this year or next."