<ul><li>Cardano founder Charles Hoskinson has set a minimum price target of $250,000 for Bitcoin in the current market cycle.</li><li>Hoskinson predicts a 'humongous spike' in the crypto market driven by the potential passage of a U.S. stablecoin bill, attracting institutional investors and sovereign wealth funds.</li><li>He believes the bull market is just getting started and expects Bitcoin to hit a minimum of $250,000 within 6 to 12 months.</li><li>Other analysts, such as Tom Lee and Gert van Lagen, have also projected a $250,000 price target for Bitcoin in the coming years, while veteran trader Peter Brandt is more skeptical.</li></ul>

Cardano’s Charles Hoskinson Predicts $250,000 Bitcoin Target for This Cycle

Discover more