Cardano (ADA) founder Charles Hoskinson, who has attracted attention in the cryptocurrency sector with his statements, has made new remarks.
In a recent interview, Charles Hoskinson stated that Bitcoin reaching its next all-time high would benefit altcoins, including ADA.
Hoskinson, who cited Bitcoin as the driving force behind the market rally, said “When BTC hits a new all-time high (BTC) altcoins will shift capital from BCT to alt coin and altCoin’s also rise.
Hoskinson emphasized that this value rotation pattern, occurring from Bitcoin to altcoins, is a recurring feature of cryptocurrency cycles.
Hoskinson cited 2021 as an example, saying that Bitcoin’s rise to around $68,000 during the 2020 bull run coincided with explosive gains in major altcoins.
Nevertheless, Hoskinson said the current cycle would not be unfolding at the same rate as previous rallies had been. But while he acknowledged that Bitcoin’s new high-end hits could support altcoins, “the magnitude of these gains was unknown and it is impossible to make definitive conclusions since the cycle was still very early,” a statement said.
Finally, Hoskinson, who also revealed his Bitcoin price prediction for 2026, says that Bitcoin could increase by 187% to $250,000 by mid-2026. Hoskinson said that such a high BTC increase would “make the value flow from Bitcoin to altcoins, including ADA,” opening the door to’significant rise in alt coin” (e.g.
*This is not investment advice.
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