Anthony Scaramucci Cautiously Predicts Bitcoin at $180K by End of 2025
SkyBridge Capital founder Anthony Scaramucci predicts that Bitcoin will reach between $180,000 and $200,000 by the end of 2025, driven by supply-and-demand dynamics and increasing institutional interest. He noted Bitcoin's limited daily supply of just 450 coins and emphasized the consolidation of institutional adoption over the past year, particularly with the entrance of major firms launching Bitcoin ETFs. Scaramucci highlighted that institutional investors might prefer Bitcoin ETFs rather than direct corporate treasury holdings. He expressed caution regarding companies that issue debt to purchase Bitcoin, suggesting that this strategy could potentially harm Bitcoin's stability. Alongside Bitcoin's bullish forecast, Scaramucci conveyed optimistic views on stablecoins for their potential in facilitating innovation in financial transactions, while voicing concerns over Central Bank Digital Currencies (CBDCs) being too intrusive on privacy grounds.
Source š