Charles Hoskinson: Donald Trump’s policy will provoke a sharp rise in bitcoin

Чарльз Хоскінсон" href="https://noworries.news/biography/charlz-hoskinson/" data-bio-id="10 311">Charles Hoskinson, founder of Cardano, said that bitcoin BTC $104,037.14 Bitcoin -3.13% Market capitalization $2.06 trillion VOL. 24 hours $3.7 billion could reach a price in the range of $ 250,000 to $ 500,000 within the next 12−24 months. He explained this by growing institutional investment and new opportunities in the field of decentralized finance (DeFi).

It is noted that Hoskinson called bitcoin not just a cryptocurrency, but a strategic asset that is becoming important for governments and financial institutions around the world.

According to him, the bitcoin ecosystem is capable of experiencing unprecedented growth due to the introduction of DeFi solutions that will significantly expand its functionality.

Hoskinson also noted that governments are considering bitcoin as a reserve asset, comparing its role to gold as a store of value. He predicts that Bitcoin-based DeFi will surpass all other ecosystems within 24−36 months.

This statement comes amid high volatility in the cryptocurrency market. The data shows significant fluctuations in the price of bitcoin, with long-term investors selling 728,000 coins over the past 30 days — the highest sales volume since April.

Despite the fluctuations, analysts remain optimistic about the long-term potential of bitcoin.