Anthony Scaramucci: $100K per BTC by year-end is still within reach

Cryptocurency

Anthony Scaramucci, CEO and founder of SkyBridge Capital, thinks Bitcoin (BTC) can reach $100,000 before the end of the year, mainly due to the exponential growth in demand every month. 

“The bottom line is you have the limited and fixed supply of Bitcoin and you have every month exponentially more demand,” Scaramucci told Cointelegraph in an exclusive interview. “As long as I see that, I see those prices rising. So, we’re going to stick with the $100,000 price target,” he explained.

Once a Bitcoin skeptic, Scaramucci launched SkyBridge Capital’s first BTC fund last year with a $25 million dollar investment. Since then, the firm has been steadily accumulating the digital gold.

“We now have probably $650 to $700 million dollars worth of Bitcoin across our product portfolio,” said Scaramucci.

Scaramucci is a long-term believer in Bitcoin, and he is convinced that the main cryptocurrency is growing faster than tech giants like Google, Facebook and Amazon. Thi is why he believes Bitcoin will reach 1 billion users by 2025.

“This is a technology and a product of the future, and the future is going to come more quickly than people expect.”

Watch the full interview on our YouTube channel, and don’t forget to subscribe!

Products You May Like

Articles You May Like

Bitcoin & Ethereum, in der Range am Wochenende, wie immer :) Ein Fakemove up und dann runter?
Report: Crypto Financial Services Firm Matrixport Seeks $100 Million in Funding
New York Times Gets Mocked for Allowing Sam Bankman-Fried to Speak at Dealbook Summit
Singapore central bank explains why Binance was on its alert list, but FTX wasn’t
Michael Saylor Warning: 95% Of These Crypto Coins Will Collapse Soon

Leave a Reply

Your email address will not be published. Required fields are marked *