SkyBridge Capital founder Anthony Scarammuci has predicted that the price of Bitcoin could skyrocket to $200,000 in 2025 in a recent interview with The Wall Street Journal.
Scaramucci believes that the cryptocurrency could still double in price despite its massive market cap due to a “wave” of crypto-friendly policies in the US.
Scarammuci joked about being yelled at by his colleagues at SkyBridge for being “too bearish.”
Bitcoin is currently changing hands $106,859 after adding 9.5% over the past 24 hours. On Monday, it reached a new record high of $107,822.
In October, Scaramucci addressed some potential Bitcoin investors who thnk that they missed the boat, arguing that they would still be “very early.”
Earlier this year, the American financier predicted that Bitcoin could become a store of value by 2026.
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