Cardano Founder Predicts Crypto Week Could Propel BTC to $250,000

Bitcoin’s Next Big Leap?

Cardano founder Charles Hoskinson is once again taking the headlines with his bold prediction. This time saying that Bitcoin could soar to $250,000 sooner than many expect. As Bitcoin continues its strong run, trading above $117,000 with daily trading volumes exceeding $100 billion, Hoskinson believes the upcoming U.S. crypto legislation will be the key to unlocking its next major surge.

In a post shared on social media platform X, Hoskinson doubled down on his forecast, saying that regulatory clarity from two major bills, the GENIUS Stablecoin Act and the CLARITY Act, could trigger a “gigachad bull run” and flood the market with institutional money, as reported by CoinGape.

What Are the GENIUS and CLARITY Acts?

These two bills, both expected to take centre stage during “Crypto Week” starting July 14, could reshape the future of digital assets in the U.S.

• The CLARITY Act is a new law that’s meant to clear up who controls what in the world of crypto in the U.S. Right now, there’s a lot of confusion between two big regulators, the SEC and the CFTC, and crypto companies aren’t always sure whose rules they need to follow. This law would make things clearer, so crypto businesses know where they stand and what rules to follow.

• The GENIUS Stablecoin Act focuses on stablecoins, the digital assets pegged to fiat currencies like the dollar. After securing Senate support last month, it now awaits a House vote. Former President Donald Trump has publicly backed the bill and promised to sign it into law if it passes.
  

With both bills likely to advance next week, optimism is running high across the crypto community.

Institutional Inflows May Be Imminent

Hoskinson believes that if these bills pass, we’ll see a massive surge in institutional investment. Big investors, from hedge funds to tech companies, have mostly stayed cautious because the rules weren’t clear. But if the new regulations come through, along with a possible interest rate cut by the U.S. Federal Reserve, it could finally unlock a wave of money rushing into crypto.

“Once the Fed lowers interest rates, you’ll have a lot of fast, cheap money, and then it’ll pour into crypto,” Hoskinson previously said.

This sentiment echoes what many in the industry have been saying. Executives like Brad Garlinghouse (Ripple) and Brian Armstrong (Coinbase) have long pushed for a clearer rulebook. With legislation now within reach, their wish may be coming true.

The Road to $250,000

So how realistic is the $250K target?

Hoskinson first introduced this prediction back in April, citing rising stablecoin adoption, increasing Bitcoin Treasury demand, and expected Fed easing. If Bitcoin reaches that $250,000 mark in the next year or two, its total value would jump to about $5 trillion. That would put it in the same league as big companies like Nvidia, and even start to challenge gold as a top global asset.

Of course, crypto prices can be unpredictable and things can change fast. But one thing’s clear: if the GENIUS and CLARITY Acts get passed, it could really shake things up and open the door for big changes in the market.

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