Anthony Scaramucci Predicts Bitcoin Will Reach Six Figures

Anthony Scaramucci, the founder of SkyBridge Capital, has reiterated his optimistic outlook on Bitcoin (BTC), forecasting that the cryptocurrency could eventually reach six figures. In an interview with David Lynn on June 7, Scaramucci suggested that Bitcoin could rival gold, potentially achieving a value close to $700,000. His prediction is based on Bitcoin’s unique technological features and its increasing acceptance as a store of value akin to gold.
Currently, Bitcoin’s adoption rate in the US stands at about 5%. Scaramucci believes that as Bitcoin continues to grow and integrate into the financial system, its market capitalization could expand tenfold over the next 15 years—from roughly $1.5 trillion to $15 trillion. This growth could drive Bitcoin’s price to approximately $694,500 based on its current value of around $69,455.
Scaramucci highlighted Bitcoin’s fundamental strengths, such as scarcity, ease of use, reliability, and decentralized network, which contribute to its potential as a digital store of value. He drew parallels to gold, noting that Bitcoin possesses similar valuable qualities in a digital format. Scaramucci also predicted that in the short term, Bitcoin could trade at $170,000 by 2025, underscoring his confidence in its substantial growth prospects.