While Bitcoin is struggling to combat sharp declines in the short term, the expectation of an increase in the long term continues.
SkyBridge co-founder Anthony Scaramucci, who thinks BTC will reach triple digits at this point, said he expects the price to reach $150,000 to $200,000 soon.
In an interview with Schwarb Network, Scaramucci stated that this rise of Bitcoin will occur when the BTC wallet amount reaches 1 billion, and said that he sees Bitcoin as a store of value similar to gold.
Stating that he believes that Bitcoin will have a market value similar to gold in the future, the famous name emphasized that Bitcoin is a store of value and argued that it could approach the level of gold, which has a market value of $ 17 trillion.
Currently, the estimated market values of gold and BTC are $17 trillion and $1.12 trillion respectively.
Despite openly criticizing former President Donald Trump, Scaramucci, who has openly supported Kamala Harris in the US elections, has acknowledged that Trump has been better for the cryptocurrency industry in general.
*This is not investment advice.
Continue Reading: Famous Bull Scaramucci Makes Bold Prediction for Bitcoin! “There’s a Lot of Upside Ahead!”
Go to Source
Author: NixCoin
Key Highlights SOL is now live on the XRP Ledger, giving users access to Solana’s…
AI SummaryShowCboe seeks SEC approval for six 3x leveraged ETFs, including Bitcoin and Ether funds,…
Key Highlights Lido contributors urged the Ethereum community to conduct a broader review of EIP-8363…
Key Highlights Nigel Farage won the Clacton by-election with 62.8% of the vote. A parliamentary…
AI SummaryShowSEC cancels meeting to propose crypto rulemaking, citing unforeseen scheduling issue, delaying Regulation Crypto…
Key Highlights 5.59M MORPHO tokens left exchanges on August 13, marking the largest daily outflow…
This website uses cookies.
Read More