Anthony Scaramucci, CEO and founding father of SkyBridge Capital, thinks Bitcoin (BTC) can attain $100,000 earlier than the top of the yr, primaril
Anthony Scaramucci, CEO and founding father of SkyBridge Capital, thinks Bitcoin (BTC) can attain $100,000 earlier than the top of the yr, primarily as a result of exponential development in demand each month.
“The underside line is you will have the restricted and glued provide of Bitcoin and you’ve got each month exponentially extra demand,” Scaramucci advised Cointelegraph in an unique interview. “So long as I see that, I see these costs rising. So, we’re going to stay with the $100,000 value goal,” he defined.
As soon as a Bitcoin skeptic, Scaramucci launched SkyBridge Capital’s first BTC fund final yr with a $25 million greenback funding. Since then, the agency has been steadily accumulating the digital gold.
“We now have most likely $650 to $700 million {dollars} value of Bitcoin throughout our product portfolio,” mentioned Scaramucci.
Scaramucci is a long-term believer in Bitcoin, and he’s satisfied that the principle cryptocurrency is rising quicker than tech giants like Google, Fb and Amazon. Thi is why he believes Bitcoin will attain 1 billion customers by 2025.
“This can be a know-how and a product of the longer term, and the longer term goes to return extra rapidly than individuals anticipate.”
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cointelegraph.com