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

According to The Daily Hodl, Skybridge Capital founder Anthony Scaramucci said in an interview with CNBC that he is optimistic about the price of bitcoin, predicting that it could reach $100,000 before the end of the year. Scaramucci believes that the current price correction is caused by temporary factors, including the repayment of Mt. Gox and the German government's sell-off of bitcoin. He also pointed out that the recovery of funds for FTX account holders could soon provide a boost to bitcoin. Scaramucci said that the reluctance of the US Democratic Party to adopt digital assets, especially compared to the position of the US Republican Party, could become a costly mistake in terms of voter support in the US presidential election in November. He emphasized the potential of bitcoin to become a long-term asset among Americans.