Currencies38131
Market Cap$ 2.28T+0.47%
24h Spot Volume$ 24.88B-23.7%
DominanceBTC56.42%+0.27%ETH9.63%+1.42%
ETH Gas0.09 Gwei
Cryptorank
/

Anthony Scaramucci Predicts Bitcoin’s Rocket Surge To $200,000 Before End Of Year


Anthony Scaramucci Predicts Bitcoin’s Rocket Surge To $200,000 Before End Of Year

Share:

Predictions Markets

See what traders are focused on

View analytics →
Prediction Banner

JPMorgan Predicts SEC Will Be Forced To Greenlight Spot Bitcoin ETFs Following Grayscale’s Court Victory

Despite Bitcoin’s recent price downturn, Anthony Scaramucci, the founder of SkyBridge Capital and former White House director of communications during US President Donald Trump’s first term, remains optimistic about the future of Bitcoin. Scaramucci said he expects BTC’s price to reach $200,000 by the end of 2025.

Bitcoin’s Crash Just A Buying Opportunity As Price Heads To $200K

Bitcoin will reach $200,000 despite the latest market bloodbath.

Since setting its current all-time high of nearly $109,000 in January, Bitcoin’s price dived to a four-month low of around $77,100 this week, tumbling sharply alongside U.S. tech stocks and other crypto assets.

The huge sell-off came as the U.S. President Donald Trump’s drastic tariff plans sparked concerns among investors, further worsened by his comments that he would not rule out a recession during this “period of transition.”

Anthony Scaramucci remains bullish due to the four-year Bitcoin cycle that has played out after every halving. He believes BTC is currently trading at a 20% discount to its expected value. As such, he is scooping up more coins at current prices. BTC has rebounded to $82,248 as of press time, representing a 3.1% gain on the day according to CoinGecko.

The Bitcoin halving refers to a periodic event built into the protocol when the amount of Bitcoin given to crypto miners is cut in half as a reward. This is to slow down the rate at which new Bitcoins are generated, limiting inflation and extending its issuance over time. The 64th and final halving will occur sometime in 2140, after which no more Bitcoin will be created.

The SkyBridge Capital founder and managing partner believes that even if Bitcoin does not reach the exact target, the $150,000-$200,000 range would still make 2025 a great success for the benchmark cryptocurrency.

Despite the wild price swings in the short-term, Bitcoin’s long-term trajectory has always remained bullish. Market drawdowns shake out weak hands but “diamond hands” investors are focused on the bigger picture. Historically, the quadrennial halving events have sparked parabolic upward moves, and Scaramucci thinks this time will be no different.

Read the article at ZyCrypto

In This News

Coins

$ 64.30K

+0.80%

$ 0.00732

+0.67%

$ 0.000525

$ 0.0000475

$ 0.101

-1.10%

Predictions Markets

See what traders are focused on

View analytics →
Prediction Banner

Share:

In This News

Coins

$ 64.30K

+0.80%

$ 0.00732

+0.67%

$ 0.000525

$ 0.0000475

$ 0.101

-1.10%

Predictions Markets

See what traders are focused on

View analytics →
Prediction Banner

Share:

Read More

Bitcoin Forks in 2026: Can BTC Holders Get New Assets 1:1?

Bitcoin Forks in 2026: Can BTC Holders Get New Assets 1:1?

Two separate Bitcoin fork proposals are circulating for 2026, each claiming that exis...
Crypto won the ETF fight but now the SEC is questioning if things have gone too far

Crypto won the ETF fight but now the SEC is questioning if things have gone too far

The ETF became one of Wall Street’s most powerful distribution tools because it turne...