Cardano founder Charles Hoskinson told CNBC that Bitcoin could reach $250,000 as soon as this year as tech giants like Microsoft and Apple enter the cryptocurrency space. Charles Hoskinson said: "Tariffs could end up with a lot of thunder and a little bit of rain, and people will realise that most of the world is willing to negotiate. The market will stabilize a little bit and gradually adjust to the new normal, then the Federal Reserve will cut interest rates, and there will be a lot of money coming in, and that money will eventually pour into the crypto market. I believe bitcoin will reach $250,000 by the end of this year or next year."