LeadStory

CNBC

Hoskinson: Bitcoin will be up to $250,000 by end of 2026

CNBC · Just In
CNBC
CNBC
Just In

Charles Hoskinson, co-founder of Ethereum and CEO of Input Output, tells Squawk Box Europe he expects bitcoin to hit $250,000 by the end of 2026, adding that crypto is not immune to macro factors.

Breakdown
  • Hoskinson predicts Bitcoin could reach $250,000 by the end of 2026, expecting market downside to clear within the next two quarters. 16s
  • Institutional adoption and new ETFs, along with a crypto-friendly US administration, are influencing this cycle differently from previous retail-led cycles. 44s
  • Significant growth is seen in crypto verticals like stablecoins, with projections of over $1 trillion issued by 2030 and $10 trillion in traditional assets entering the crypto space by 2030-2035. 1m 4s
  • The proliferation of cryptocurrencies is expected to lead to consolidation, resulting in dominant standards as the sector matures. 2m 22s
  • Crypto is increasingly underpinning global trade and infrastructure, enabling stable commercial activity even amid geopolitical tensions and rapid industry growth. 3m 4s
Crypto