Charles Hoskinson: BTC will rise to $ 250,000 by the end of the year

In the first quarter of 2025, the world’s largest bitcoin mining companies gained almost $ 800 million in BTC $93,546.19 Bitcoin -0.75% Market capitalization $1.86 trillion VOL. 24 hours $1 billion revenue, demonstrating a significant increase in revenues amid a consistently high price of the cryptocurrency. Against this backdrop, Чарльз Хоскінсон" href="https://noworries.news/biography/charlz-hoskinson/" data-bio-id="10 311">Charles Hoskinson, founder of Cardano ADA $0.69 Cardano -0.76% Market capitalization $25.01 billion VOL. 24 hours $58.79 million and co-founder of Ethereum ETH $1,771.89 Bridged Ether (StarkGate) -2.14% Market capitalization $0.16 billion VOL. 24 hours $0.59 billion , predicts a rapid increase in the value of bitcoin — up to $ 250,000 by the end of the year. He attributes this optimism to a combination of regulatory certainty, growing interest from tech giants, and global economic changes.

During a recent interview for CNBC’s Beyond The Valley podcast, Hoskinson noted that the market is going through a temporary slowdown before a new momentum. In January, bitcoin exceeded the $ 100,000 mark, but in recent weeks it has dropped to $ 77,000 due to the escalation of trade conflicts initiated by US President Donald Trump. The reduction of duties for 90 days to 10% contributed to a rapid recovery to over $ 82 thousand.

According to Hoskinson, the next wave of growth will be driven by a combination of three factors: the growth of the cryptocurrency user base (659 million users in 2024), geopolitical decentralization, and the adoption of US legislation on stablecoins and digital assets. He also suggested that large tech companies such as Apple, Microsoft, and Amazon may begin to integrate cryptocurrencies into their services, opening up new use cases.

At the same time, the revenues of mining companies are also growing. In January-March, Marathon Digital Holdings mined 2,285 BTC ($ 186 million), CleanSpark mined 1,950 BTC ($ 160 million), and Iren mined 1,513 BTC ($ 124 million). Riot Blockchain, although the second largest in terms of capitalization, became the fourth largest in terms of mining. Hut 8 Mining demonstrated the largest increase — 91% in March compared to February, gaining 88 BTC. It also announced a partnership with Donald Trump Jr. and Eric Trump in the American Bitcoin project.

All this indicates the maturity of the industrial mining industry and its readiness for a new phase of development. Expectations of the future of halving in 2026 are pushing companies to expand their capacities now to take advantage of favorable market conditions. In addition, new players and institutional investors may emerge, subject to further legislative regulation of the cryptocurrency market in the United States.