$100K per BTC by year-end remains to be inside attain

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Anthony Scaramucci, CEO and founding father of SkyBridge Capital, thinks Bitcoin (BTC) can attain $100,000 earlier than the top of the yr, primarily as a result of exponential progress in demand each month. 

“The underside line is you might have the restricted and glued provide of Bitcoin and you’ve got each month exponentially extra demand,” Scaramucci instructed Cointelegraph in an unique interview. “So long as I see that, I see these costs rising. So, we’re going to stay with the $100,000 value goal,” he defined.

As soon as a Bitcoin skeptic, Scaramucci launched SkyBridge Capital’s first BTC fund final yr with a $25 million greenback funding. Since then, the agency has been steadily accumulating the digital gold.

“We now have in all probability $650 to $700 million {dollars} value of Bitcoin throughout our product portfolio,” stated Scaramucci.

Scaramucci is a long-term believer in Bitcoin, and he’s satisfied that the principle cryptocurrency is rising sooner than tech giants like Google, Fb and Amazon. Thi is why he believes Bitcoin will attain 1 billion customers by 2025.

“It is a expertise and a product of the long run, and the long run goes to come back extra rapidly than folks count on.”

Watch the total interview on our YouTube channel, and don’t overlook to subscribe!

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