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

2024-07-10 17:22:48
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.