SkyBridge Capital chief executive Anthony Scaramucci says Bitcoin (BTC) will have a clear bottom once the Federal Reserve ceases raising interest rates to lower inflation. In a new YouTube interview with crypto influencer Scott Melker, Scaramucci says the Fed is on the verge of changing its hawkish policy, which would cause risk assets like Bitcoin to soar. He predicts the Fed will soon cease raising rates any further because it will exacerbate the government’s own debt obligations. He also says the Fed can pause raising rates since inflation is coming down. He adds that if he is wrong, the economyGo to Source
Author: NixCoin