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Skybridge Capital founder: Bitcoin expected to reach $100,000 by the end of the year

Skybridge Capital founder: Bitcoin expected to reach $100,000 by the end of the year

CointimeCointime2024/07/10 09:53
By:Cointime

Anthony Scaramucci, the founder of Skybridge Capital, expressed optimism about the price of Bitcoin in an interview with CNBC, predicting that it could reach $100,000 by the end of the year. Scaramucci believes that the current price correction is a temporary factor caused by factors such as the Mt. Gox payout and the German government's sale of Bitcoin. He also pointed out that the recovery of funds held by FTX account holders could soon boost Bitcoin. Scaramucci said that the Democratic Party in the United States is unwilling to adopt digital assets, especially compared to the position of the Republican Party, which could be a costly mistake in terms of voter support in the November presidential election. He emphasized the potential of Bitcoin to become a long-term asset among Americans.

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