Cardano founder Charles Hoskinson forecasts Bitcoin could reach $250,000 within two years, driven by upcoming U.S. regulatory clarity and institutional adoption. At the "Bitcoin 2025" conference in Las Vegas and via social media, Hoskinson emphasized that the GENIUS Stablecoin Act and CLARITY Act—expected to advance during "Crypto Week" starting July 14—will resolve regulatory ambiguities between the SEC and CFTC, unlocking institutional capital.
Bitcoin currently trades above $117,000 with daily volumes exceeding $100 billion. Hoskinson cited Fortune 500 adoption, BlackRock's Bitcoin reserves, and potential Federal Reserve rate cuts as catalysts, stating: "Once the Fed lowers interest rates, you’ll have a lot of fast, cheap money pouring into crypto." He added that this would trigger a "gigachad bull run" benefiting altcoins like Ethereum (ETH), Cardano (ADA), and Solana (SOL) due to historical spillover effects.
The GENIUS Act, backed by former President Trump after Senate approval, focuses on stablecoin regulation, while the CLARITY Act defines jurisdictional oversight. Hoskinson reiterated his April prediction, linking the $250K target to stablecoin adoption and Bitcoin Treasury demand, which would elevate Bitcoin's market cap to $5 trillion—rivaling Nvidia and challenging gold.