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Hoskinson Says Bitcoin Could Hit $250K by 2026
Cardano founder Charles Hoskinson said Bitcoin could trade near $250,000 by 2026. He made the comments during a recent discussion about market conditions, global policy tension and investor participation. Hoskinson linked the projection to constrained supply, steady institutional demand and the possibility that markets adjust after trade policy concerns ease.
Supply Constraints and Expanding Demand
Hoskinson said Bitcoin’s limited supply remains central to his view. He stated that demand from large buyers continues to grow while supply does not increase. He referenced corporations, institutions, and some governments that have added Bitcoin to their portfolios. He cited Morgan Stanley’s move to let private wealth advisers recommend Bitcoin allocations.
He argued that even small allocations from retirement managers can influence price. He stated that investor access is improving through traditional finance rails. According to him, this demand comes from buyers with longer time horizons.
Institutional Pressure and Decentralized Finance Access
Hoskinson described institutional participation as a key factor supporting price. He said long-term buyers create steady demand instead of short-term trading pressure. He noted that financial products built around Bitcoin have expanded access for different investor groups.
He also pointed to developments in decentralized finance. New systems allow holders to earn yield without relinquishing asset control. He said that if those systems operate as intended, more Bitcoin value may circulate through broader crypto markets.
Global Conditions and Altcoin Considerations
Hoskinson connected his timeline to geopolitical effects. He said tariff concerns could stabilize if negotiations progress between the United States and China. He described that scenario as reducing market uncertainty.
He also expects capital rotation toward altcoins. However, he said the scale may differ from 2021. He referenced the previous period when a $68,000 Bitcoin aligned with higher valuations in assets like ADA and Ethereum. Hoskinson mentioned concerns about technology equities, including Nvidia, and said a correction in that sector could affect digital asset pricing because both markets often move together.