Bitwise and Cardano Founder Predict Bitcoin Price to Reach $200,000-$250,000 by Year-End

Highlights:

• Bitwise remains confident in its $200,000 Bitcoin forecast despite market uncertainty and trade tensions.
• Hougan sees a weakened U.S. dollar supporting Bitcoin’s rise, offering long-term benefits.
• Cardano’s founder predicts that Bitcoin will reach $250,000, driven by tech adoption and clearer regulations.

Bitwise stays confident in its Bitcoin forecast despite global trade tensions and market uncertainty. In a blog post on April 9, Matt Hougan, Chief Investment Officer at Bitwise, repeated his $200,000 Bitcoin prediction for 2025. He believes that recent changes in U.S. trade policy, including Trump’s tariffs, could help BTC grow.

Hougan believes the U.S. may weaken the dollar, which could support BTC’s rise. He referred to an April 7 speech by Steve Miran, chair of the White House Council of Economic Advisers, who said the dollar’s reserve status hurts global trade and U.S. manufacturing. According to Hougan, moving away from a strong dollar could bring both short- and long-term benefits for Bitcoin.

Hougan said Bitcoin usually rises when the U.S. dollar falls. The Dollar Index (DXY) has dropped over 7% since early 2025, supporting this trend. Long-term, he sees Bitcoin and gold gaining importance if the dollar loses trust globally.

Supporting this view, VanEck said Russia and China are now using BTC for some energy deals. This could signal a big change in global trade patterns. Trump paused most tariffs for 90 days but kept a 125% rate for China. Analyst Will Clemente said Bitcoin is “the fastest horse” in this uncertain economy.

Coming out of this drawdown, likely post-intervention, I feel strongly that Bitcoin will be the fastest horse.

It's a pure reflection of liquidity and no earnings, if anything, economic uncertainty/deglobalization are positive for Bitcoin.

Feeling marginally more bullish. pic.twitter.com/67o2kHBJgk

— Will (@WClementeIII) April 9, 2025

Bitcoin price has risen 5.77% in the past 24 hours, reaching $81,657. It is down about 32% from its all-time high on January 20, similar to corrections seen in previous bull markets.

Cardano Founder Forecasts Bitcoin Price Could Hit $250K

According to Cardano founder Charles Hoskinson, Bitcoin could climb as high as $250,000 by the end of 2025 or 2026. In a CNBC interview, he cited increasing adoption by major tech firms and clearer regulations as key growth factors. Hoskinson added that as global tensions ease and the Federal Reserve cuts rates, capital will likely return to digital assets.

He said:

“The markets will stabilize a little bit, and they’ll get used to the new normal, and then the Fed will lower interest rates, and then you’ll have a lot of fast, cheap money, and then it’ll pour into crypto.”

He mentioned that global instability is pushing countries to move away from traditional systems. Treaties and global businesses struggle to function effectively in such situations. In his view, crypto becomes the only real option for globalization when such events occur.

Legislative changes in the U.S. could be important for the crypto market. Hoskinson believes new bills on stablecoins and digital assets will pass soon. These laws would give investors more clarity and help with broader adoption.

He also believes big tech companies like Apple, Microsoft, and Amazon might soon explore stablecoins. They could use blockchain tokens for cross-border payments or small transactions, making them more efficient and cost-effective.

Bitcoin to hit $250,000 this year and Magnificent 7 to adopt stablecoins, Cardano founder predicts https://t.co/OoHgwxRH4m

— CNBC (@CNBC) April 10, 2025