Bitcoin (BTC) and cryptocurrency predictions Global investment company that has made a name for itself with Anthony Scaramucci, founder of SkyBridge Capitalcryptocurrency to Algorand (ALGO) announced that he is investing again.
Speaking to Business Insider recently, Scaramucci said: ALGO He said he found the technology of the project impressive.
A Bitcoin supporter, Scaramucci has said in previous interviews that he thinks Algorand will become the “Google” of crypto and announced that he has invested $250 million in ALGO. In his latest statement, Scaramucci stated that he has grown his investment in Algorand.
In an interview with Bloomberg in April, Scaramucci said that the cryptocurrency sector represents tremendous growth for his company, that the company wants to convert the majority of assets under management (AUM) to digital assets, and that almost half of the company’s $3.5 billion under management. Bitcoin (BTC), Algorand protocol (ALGO), Ethereum (ETH) and stated that it is linked to crypto assets.
The Capitulation Hasn’t Happened Yet!
Terra (Luna) Evaluating the decline in the crypto money market with the collapse, Scaramucci said that he saw a total of eight bear markets and that he believes his investors have not surrendered yet because there is no excessive panic in the air.
Same time Anthony Scaramucci, former White House Director of CommunicationsIn a very short time from the FED believes that we will not see a move that will relieve the markets.
“We will not see a move from the FED that will relieve the markets in the near future. In fact, bear markets are a great buying opportunity for crypto traders.
In this context, I remain optimistic about technology and cryptocurrencies and I love them. Right now I want to buy from these areas because I think they are very cheap.
But investors need to be resilient to market volatility.”
to scaramucci of bitcoin When asked how much further it could drop, he avoided making a price prediction.I believe anything is possible” said.
*Not investment advice.