The post Will Bitcoin Price Hit $200K in 2025? appeared first on Coinpedia Fintech News
Bitcoin is currently trading near $113,000, and according to SkyBridge Capital founder Anthony Scaramucci, the rally has entered a new phase dominated by institutional adoption. In an interview with CNBC, SkyBridge Capital founder Anthony Scaramucci has opened up about the growing role of traditional finance in crypto markets and predicted further upside for Bitcoin by the end of the year.
Supply crunch supports higher targets
The SkyBridge chief remains confident in Bitcoin’s fundamentals. With only 450 new bitcoins mined daily, demand continues to far outweigh supply. His firm has kept its year-end price target in the $180,000 to $200,000 range, which he described as a more realistic prediction compared to even more aggressive projections from other market participants.
“We have seen cycles of pain and euphoria, but the math is clear,” Scaramucci explained. “There is simply no
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