The founder of Cardano, Charles Hoskinson, who is not typically known for making cryptocurrency price predictions, has recently declared that he anticipates seeing “trillions” in altcoin investments. He has also reaffirmed that Bitcoin is on track to reach the staggering price of $250,000.
Previously, the crypto mogul predicted that Bitcoin could achieve this lofty milestone by early 2026. His latest statement comes amidst Bitcoin’s unyielding price rally, which has propelled the leading cryptocurrency to a series of record highs over the past two days.
Hoskinson’s prediction is accompanied by a famous GIF from Jurassic Park (1993) featuring Jeff Goldblum, expressing his exaggerated excitement. 🦖
Remember I said the gigachad bullrun is coming. We are going to see 250k bitcoin and trillions enter the space for the alts. Genius and Clarity acts will be the catalyst.
— Charles Hoskinson (@IOHK_Charles) July 11, 2025
Earlier this Friday, the top coin surpassed the $118,000 level for the first time in history, reaching a record peak of $118,195, according to CoinGecko data. 📈
Several major altcoins are also making substantial moves, with Cardano (ADA) soaring by nearly 13% over the past 24 hours. Ethereum (ETH) and XRP are also up by 8.5% and 7.1%, respectively. 🚀
The entire cryptocurrency market cap has now topped $3.75 trillion, with Bitcoin alone accounting for 62.6% of it. 💰
The main catalyst
According to Hoskinson, the GENIUS Act and CLARITY Act, two major cryptocurrency-focused legislative proposals, will serve as the main catalyst for the next bull run. 📜
The GENIUS Act, which aims to regulate the stablecoin sector, passed the Senate last month. It will now be considered during the upcoming “Crypto Week” in the House alongside the CLARITY Act, the broader crypto market structure bill. 🏛️
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2025-07-11 09:58