The price of Bitcoin could reach $250,000-500,000 within 12-24 months due to an influx of investments and growing interest in the asset. This opinion was expressed by Cardano founder Charles Hoskinson. "This will lead to an ecosystem whose value will begin to approach the market capitalization of gold, an asset that people have used as a means of saving for over 5,000 years. Bitcoin fulfills this role on the internet and will maintain it in the foreseeable future," stated the entrepreneur.
According to him, the catalysts for demand for the first cryptocurrency will be DeFi and governments.
"No matter how good Ethereum, Solana, and Cardano are, let's be honest: authorities talk about strategic reserves exclusively in Bitcoin. This is their entry point," emphasized Hoskinson.#биткоин $BTC