• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Bitcoin on Track for $250,000: Predictions and Impacts of 'Crypto Week'

user avatar

by Giorgi Kostiuk

5 hours ago


According to recent forecasts by Charles Hoskinson, founder of Cardano, the price of Bitcoin may reach $250,000. This expectation is linked to the upcoming 'Crypto Week' in the U.S. and current trends in the cryptocurrency market.

Bitcoin Predictions and Upcoming 'Crypto Week'

With Bitcoin trading above $117,000 and volumes exceeding $100 billion daily, Charles Hoskinson has marked his $250,000 target for BTC. He believes that the upcoming 'Crypto Week,' starting July 14, will be a significant moment for the industry.

Impact of Legislative Initiatives on the Crypto Market

Hoskinson refers to the next phase as the 'gigachad bull run,' asserting that the regulatory clarity from two key bills—the GENIUS Stablecoin Act and the CLARITY Act—could trigger a new wave of capital inflow. These bills aim to create a comprehensive federal framework for stablecoins and digital assets regulation. If passed, they could resolve the SEC-CFTC turf war and offer crypto companies a clear legal path.

Current State of the Crypto Market and Investor Confidence

Currently, the total cryptocurrency market capitalization has exceeded $3.65 trillion, demonstrating significant growth. The U.S. dollar is weakening, and trust in fiat currencies is eroding, making Bitcoin a more appealing asset. Hoskinson and other analysts expect the arrival of trillions of dollars ready to enter the market if regulatory clarity is achieved.

The upcoming 'Crypto Week' and potential passage of new legislation could significantly impact the cryptocurrency market. Predictions for Bitcoin remain optimistic, and investors anticipate increased interest in digital assets.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

Other news

Ethereum's New Achievements in Staking Could Impact the Market

chest

Ethereum has recorded a significant 29.26% staking level, reflecting investor confidence and potential impact on ETH price.

user avatarGiorgi Kostiuk

Ruvi AI (RUVI) Attracts Attention as a Potential Crypto Leader

chest

Ruvi AI stands out in the cryptocurrency crowd for its security, real-world utility, and high growth potential.

user avatarGiorgi Kostiuk

Cardano Displays Significant Market Growth

chest

Cardano (ADA) has surged over 18%, now trading at $0.7462. Trading volume has increased by 115%.

user avatarGiorgi Kostiuk

Binance Disputes Involvement in USD1 Stablecoin Linked to Trump Family

chest

Binance has denied its involvement in the development of the USD1 stablecoin associated with the Trump family, igniting controversy in the crypto industry.

user avatarGiorgi Kostiuk

Tether Discontinues Support for USDT on Five Chains: Impacts on Users

chest

Tether freezes USDT tokens on five chains, focusing on TRON and Ethereum, effective September 1.

user avatarGiorgi Kostiuk

Bitcoin Surpasses $118,000: Records and Projections

chest

Bitcoin has hit a record high above $118,000 amid rising institutional interest and strong market momentum.

user avatarGiorgi Kostiuk
dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.