SkyBridge Capital’s Scaramucci Says Bitcoin Will Reach $250,000 Is This US Presidential Candidate Wins
24 Junio 2024 - 9:00PM
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Anthony Scaramucci, the founder of SkyBridge Capital, has predicted
that Bitcoin could reach new all-time highs (ATH) when his
preferred presidential candidate wins. He also claimed that crypto
“has already won” following recent developments in the
industry. Bitcoin Could Rise To As High As $250,000 When Joe
Biden Wins Scaramucci mentioned during an interview on Unchained
that he believes that the market will witness a new ATH for Bitcoin
during a second Biden administration if the incumbent US President
wins his reelection bid. As to how high Bitcoin can rise,
Scaramucci predicts that the flagship crypto will rise to between
$170,000 and $250,000. Related Reading: Little-Known But Important
Dogecoin Indicator Goes Off, How High Can It Drive Price? The
SkyBridge Founder also revealed that he would be voting for Joe
Biden and claimed that the good news for those who support Biden
and crypto is that the “needle” has moved in a positive direction.
Scaramucci tried to banish the belief that this current government
is anti-crypto, noting that the Spot Ethereum ETFs have been
approved, and there could be more layer-1 ETFs. Scaramucci
further stated that although Biden vetoed the SAB 121 bill, he
believes there will be a crypto bill in the ensuing congressional
term that Biden will be willing to sign. Scaramucci is also bullish
on Biden’s second term in relation to crypto because he believes
that the “anti-crypto nonsense,” which he says is sponsored by
Senator Elizabeth Warren and Gary Gensler, will be in the past by
then. Interestingly, Scaramucci served as the White House
Director of Communications under former US President Donald Trump,
making his support for Biden surprising. Trump had also recently
affirmed his support for cryptocurrencies, suggesting he was more
open to Bitcoin and other crypto assets than Biden. However,
despite all these, Scaramucci explained he isn’t supporting Trump
because the former US President is “very transactional.” He noted
how Trump had an anti-crypto stance while he was still President
and has now made a complete turnaround, suggesting that Trump might
just be supporting crypto because he wants to get votes from the
crypto community. Why Crypto Has “Already Won”
Scaramucci stated that the crypto industry has already won because
it beat Warren and Gensler, who he claims are very Trump-like and
“authoritarian and autocratic.” He also noted how the crypto
industry has defeated the Securities and Exchange Commission (SEC)
in court on several occasions, with some of these cases causing the
Commission to pay fines and be rebuked by Judges.
Related Reading: Shiba Inu Whale Withdraws 2.2 Billion SHIB From
Robinhood, Should You Follow The Whales? Scaramucci also claimed
that the SEC has been pressured by Biden’s administration and his
campaign team, who have realized that being anti-crypto is bad for
Biden’s campaign. Based on those points he outlined, Scaramuci
again reaffirmed that the crypto industry has won against those who
are anti-crypto. Featured image created with Dall.E, chart
from Tradingview.com
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