Bitcoin to $250K: Hoskinson Sees Institutional Influx

Charles Hoskinson, the founder of Cardano, has set an ambitious minimum price target of $250,000 for Bitcoin in the current market cycle, citing a massive influx of institutional capital. Speaking on a podcast with crypto commentator David Gokheshtein earlier this week, Hoskinson forecasted a “humongous spike” in the crypto market, driven by the potential passage of a U.S. stablecoin bill. According to him, such regulatory clarity would serve as a catalyst, attracting institutional investors and sovereign wealth funds into the space.

“Institutions think the markets will go parabolic,” he stated. “Sovereign wealth funds are buying crypto. The U.S. is holding Bitcoin. Stablecoin legislation is coming. Apple, Google, Microsoft, xAI, and real-world assets (RWAs) will enter. We’re looking at a $20 trillion institutional influx into crypto.”

Hoskinson further noted that the market is shifting back to established “blue-chip” cryptocurrencies, such as Cardano, Ethereum, and XRP, with institutions leading the charge. He projected that within 6 to 12 months, likely coinciding with the passage of stablecoin legislation, the bull market will fully materialize, pushing BTC over $250,000.

“The bull market is just getting started,” he noted. “$760 billion left the market due to tariffs, 710,000 people were liquidated, and yet we recovered in 48 hours. These are hot markets. This cycle is institution-led. I think Bitcoin hits $250,000 minimum.”

Last November, the crypto mogul speculated that Bitcoin could rise to $500,000 within two years, emphasizing that an influx of investment and growing institutional interest could drive Bitcoin toward a market capitalization comparable to gold.

Notably, the Cardano founder has shown increased interest in Bitcoin due to ongoing integrations between Cardano and the original cryptocurrency. Recently, he highlighted that Bitcoin’s defi layer was significantly enhanced with the Taproot update, enabling it to become an “awakened giant four times the size of Solana and Ethereum combined.” Last October, the BitcoinOS project launched a cross-chain bridge called Grail, allowing Bitcoin and Cardano to interact more seamlessly