Anthony Scaramucci Says Bitcoin 50% Undervalued, Predicts One Catalyst Will Trigger ‘Explosive Returns’ for BTC

The CEO of hedge fund SkyBridge Capital Anthony Scaramucci believes that Bitcoin (BTC) is currently undervalued. Scaramucci says in a new Bloomberg interview that the crypto market is “overshot to the downside” after the FTX debacle last year. According to the SkyBridge Capital CEO, Bitcoin should be currently worth approximately $40,000 – about 46% lower than the current level. “A lot of things happened last year. You’re mentioning the Sam Bankman-Fried thing. It was almost like if John Meriwether and Bernie Madoff had a baby, it was Sam Bankman-Fried. You got everything in that story. You got fraud, you got