Anthony Scaramucci, CEO of global investment company Skybridge Capital, explained his reasons for predicting that Bitcoin could rise above 170 thousand dollars by 2025.
Anthony Scaramucci, who stands out with his positive statements and investments about cryptocurrencies, especially Bitcoin (BTC), became a hot topic with his recent statement.
Switzerland in Davos Speaking at the Reuters Global Markets Forum, the CEO said: Bitcoin could exceed 170 thousand dollars by 2025 he stated. As justification for this prediction, Scaramucci said: spot Bitcoin exchange-traded funds (ETFs) thanks to the increased corporate interest and the Bitcoin halving he suggested.
If Bitcoin is at $45,000 at the time of the halving, which is roughly where it is now, it will be at $170,000 by mid-to-late 2025. Where is the price on the halving day in April, multiply that by four and it will reach that price within the next 18 months.
Continuing his statement, Scaramucci stated that the recent decline in the cryptocurrency market New funds from Grayscale Bitcoin Trust (GBTC) attributed to its orientation. on the other hand BlackRock The positive impact on the price of new spot Bitcoin ETFs offered by giant companies such as It will be seen within 8 to 10 trading days he stated.
According to CoinGecko data, in the last 24 hours 0.5% rise Bitcoin exhibiting, at the time of writing from $42,832 is being traded.