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Cardano's Hoskinson predicts Bitcoin will hit $250,000 in 24 months, citing AI-driven crypto demand.

Market News
04 Nov 2026, 18:47 WIB
Zycrypto
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Bullish
Cardano's Hoskinson predicts Bitcoin will hit $250,000 in 24 months, citing AI-driven crypto demand.

Charles Hoskinson, founder of Cardano, forecasts Bitcoin reaching $250,000 within two years, driven by growing AI integration with cryptocurrencies. He believes AI agents will increase demand for digital assets to transact and pay for services, potentially boosting crypto transaction volumes significantly. Hoskinson emphasizes the need to shift focus from speculation to real-world applications like AI and asset tokenization for broader adoption. Despite optimism, he acknowledges current barriers like complexity and privacy concerns, expecting improvements in usability and privacy to aid mainstream crypto use by decade's end.

Bitcoin trades at Rp1.464.729.675 on Pluang as of Nov 04, 2026 23:52 WIB, showing a 4.04% increase in the last day. The platform records a 58% buy order activity, indicating more demand among users. Typical Bitcoin holders on Pluang keep their investment for about 112 days, reflecting a medium-term holding pattern.

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