Cryptocurrency leader Bitcoin is in the limelight as Anthony Scaramucci, the founder of SkyBridge Capital, makes a daring forecast, envisioning BTC to reach an astounding $200,000 in the long run, as the digital asset continues to draw in investors from all around the world.
Scaramucci Optimistic About Bitcoin Long-Term Growth
SkyBridge Capital founder Anthony Scaramucci shared his insights regarding BTC’s long-term growth during a Thursday interview with Andrew Ross on CNBC’s Squawk Box. In the interview, Scaramucci delved into the early stages of Bitcoin adoption and how it could impact BTC.
When asked about the coin’s role as a safe haven amid market turmoil, Scaramucci responded that unless BTC’s user base reaches 1 billion, it will not fulfill its advertised potential as an inflation hedge or a store of value, suggesting inflation hedging features.
According to the founder, Bitcoin is still in its early stages, and it will continue to trade like other risky as
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