SkyBridge Capital's Scaramucci Says Bitcoin Will Reach $250,000 Is This US Presidential Candidate Wins
The Power of Politics: BTC ATHs in Sight Anthony Scaramucci, also known as “The Mooch,” has made a bold prediction about the future of Bitcoin. In an interview with CNBC, the founder of SkyBridge Capital stated that if Joe Biden wins the U.S. presidential election, Bitcoin could reach new all-time highs. This is due to the potential economic policies that Biden may implement if he becomes president, which could lead to inflation and a weakened U.S. dollar. Crypto's Recent Successes Scaramucci also pointed out that recent developments in the crypto industry, such as PayPal’s decision to support cryptocurrencies, have further validated the legitimacy and potential of digital assets. He stated that “crypto has already won” and that it is now seen as a viable alternative to traditional forms of finance. Bitcoin and the "Tsunami" of Institutional Investors Scaramucci is not the only one who believes that Bitcoin is on the path to new ATHs. Many analysts and experts have...