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SkyBridge Capital founder and CEO Anthony Scaramucci stated that Bitcoin could surpass $170,000 in the mid to late next year. Regardless of the price on the day of the halving in April, he predicts a fourfold increase in the next 18 months. Addressing the current dip in Bitcoin prices, Scaramucci attributes it to the $26 billion investment trust company, Grayscale Bitcoin Trust (GBTC), shifting to a new fund. It took eight days to ascertain the impact of the new fund on prices, and he added that it would take about 10 trading days. Additionally, he announced that Skybridge plans to launch a new fund combining cryptocurrency tokens and venture capital focused on digital assets. |
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