Skybridge Capital co-founder Anthony Scaramucci has once again caused a stir within the crypto community with his bullish remarks on Bitcoin (BTC). The hedge fund manager on Wednesday anticipated a record-high $100K price target for the flagship crypto ahead. This bullish projection is primarily in light of the looming U.S. Fed rate cuts and ongoing presidential elections.
Meanwhile, BTC price topped $60K today, further solidifying market watchers’ optimism in tandem with Scaramucci’s recent statements.
Anthony Scaramucci Bullish On Bitcoin’s Run To $100K
According to a recent Bloomberg report dated September 18, the Skybridge Capital founder has taken a bullish stance on BTC in the wake of the Fed’s looming interest rate cuts and a clear crypto regulatory purview with the upcoming November presidential elections in the U.S.
“We are going to get pro-cryptocurrency, Bitcoin, and stablecoin legislation in the first part of the next congressional term in the U.S.,” Scaramucci
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