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Why Cardano founder sees BTC surging above $250K

  • Cardano founder Charles Hoskinson predicts Bitcoin could surge to $250,000 within a year, with regulatory clarity and improved market sentiment as driving factors.
  • Hoskinson believes a rebound in the crypto market will start in August or September, led by institutional investors and pending US stablecoin legislation.
  • He argues that rising geopolitical fragmentation makes decentralized financial systems increasingly attractive for business globalization.
  • US spot bitcoin ETFs experienced net outflows of $127.12 million on Wednesday, despite a crypto market rally.

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