Anthony Scaramucci, founder of SkyBridge Capital, predicts that Bitcoin (BTC) could soar to $200,000 by 2025. According to Scaramucci, the combination of crypto-friendly policies in the United States and growing institutional adoption will be key drivers of Bitcoin’s upward momentum. He emphasizes that Bitcoin remains a safe haven amid global uncertainties.
Crypto Policies and Institutional Adoption Drive Bitcoin Higher
Scaramucci believes that crypto-friendly regulations in the U.S. and increasing institutional interest could propel Bitcoin’s price to double its current levels. In the past 24 hours alone, Bitcoin has surged 9.5%, reaching $106,859. On Monday, BTC hit a new all-time high of $107,822, signaling renewed market confidence.
Scaramucci reassures investors that Bitcoin’s growth is still in its early stages, stressing that it is not too late to enter the market.
SEC Regulations and Market Impact
The SkyBridge Capital founder also criticized the U.S. Securities and Exchange Commission (SEC) and its Chair Gary Gensler for delaying approvals of spot Bitcoin ETFs. Scaramucci argues that these delays held Bitcoin back, preventing it from reaching its fair value in 2022. However, the eventual approvals of Bitcoin ETFs have created a pathway for significant price appreciation.
Rumors surrounding former SEC Commissioner Paul Atkins replacing Gensler have further fueled optimism, suggesting a more favorable regulatory environment for cryptocurrencies.
Bitcoin as a Store of Value
Scaramucci highlights Bitcoin’s growing reputation as a store of value, a trend he expects to strengthen through 2026. He believes that as institutional adoption increases and regulatory clarity improves, Bitcoin’s price will continue to climb.
Conclusion
With strong technical signals, rising institutional interest, and evolving crypto regulations, Bitcoin appears well-positioned to reach $200,000 by 2025. Scaramucci underscores Bitcoin’s role as a safe haven asset, capable of attracting investors during periods of global economic uncertainty.
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