- Charles Hoskinson maintains his bold prediction of Bitcoin reaching $250,000.
- Pro-crypto legislation in the U.S. is accelerating, with the GENIUS and CLARITY Acts gaining traction.
- The crypto market has topped $3.77 trillion, with major coins like ADA and XRP seeing double-digit gains.
- Hoskinson believes “trillions” will flow into altcoins as regulatory clarity improves.
Cardano Founder Hoskinson Renews $250K Bitcoin Forecast Amid Market Momentum
Cardano founder Charles Hoskinson has once again affirmed his bullish stance on Bitcoin, projecting a climb to $250,000 as legislative clarity improves across the U.S. crypto sector. Sharing his thoughts on X (formerly Twitter), Hoskinson emphasized that market conditions and evolving policies are setting the stage for explosive growth.
His optimism is echoed by recent market momentum: Bitcoin recently surged past $118,000, while Ethereum briefly reclaimed the $3,000 mark. Meanwhile, Cardano’s ADA is up nearly 20% in the last 24 hours, and XRP has gained 16.6%. The total global crypto market cap has surpassed $3.77 trillion, reflecting growing investor confidence.
Also Read: Cardano (ADA) Price Prediction for June 29: Will a Breakout Fuel a Price Rally?
Policy Winds Favor Crypto: GENIUS and CLARITY Acts Fuel Hope
The GENIUS Act, passed in the U.S. Senate, introduces a framework for the issuance and trading of stablecoins — a critical first step in mainstream crypto adoption. At the same time, the CLARITY Act is moving forward in the House Financial Services and Agriculture Committees, aiming to clearly delineate the roles of the SEC and CFTC while protecting consumer rights and promoting self-custody.
Hoskinson sees these developments as monumental. As regulatory fog lifts, institutional players like Apple and Microsoft are expected to enter the space — a scenario he first suggested earlier in April. In his latest post, he reiterated that this progress could attract “trillions” into the altcoin ecosystem.
External link suggestion: Link to sources like ZyCrypto’s report on Hoskinson’s April prediction or a news article on the GENIUS Act passage.
With Bitcoin approaching the $120,000 level and legislative support growing stronger in the U.S., Hoskinson’s $250K prediction no longer seems outlandish. The ongoing regulatory evolution may very well unlock a new era for digital assets, especially for altcoins like ADA and XRP. As investors brace for what could be the next parabolic cycle, the importance of clear regulation cannot be overstated.
