Cardano (ADA) founder and Ethereum founder Charles Hoskinson recently spoke with CNBC About the ongoing global trade war. Hoskinson emphasized how cryptocorate will benefit in the long term. When asked if we are in a crypt winter, the Cardano creator said no, and that Bitcoin (BTC) will go over $ 250,000 at the end of this year or next year. BTC’s price will rally by more than 200% if it hit the $ 250,000 target.
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Bitcoin wins in the middle of the customs
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The recent market resuscitation came after President Trump announced that he would pause customs duties in all countries except China for 90 days. The move may have increased investors’ confidence in risky assets, such as Bitcoin (BTC).
Today’s dip may be due to inflation in the United States falling. The development can lead to the Federal Reserve postponing its interest rate reduction.
Can the original crypto suffer $ 250,000 this year?
There is also a lot of talk about several crypto -based ETFs that will be approved this year. The development can lead to more institutional money entering the crypto market.
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Both cases can lead to BTC meeting a new highest time. Whether the asset hits $ 250,000 or cannot be seen.