Donald Trump

Bitcoin

Hedge

President Donald Trump

<ul class="wp-block-list news-points"> 
 <li>Anthony Scaramucci predicts Bitcoin could reach $100,000 by year-end.</li> 
 <li>He expects pro-crypto legislation in early 2025, supported by bipartisan interest in the sector.</li> 
 <li>Bitcoin is trending upwards at $60,328 ahead of the Fed’s policy decision.</li> 
</ul> 
Hedge fund manager and SkyBridge Capital founder Anthony Scaramucci foresees Bitcoin reaching new all-time highs, according to a <a href="https://www.bloomberg.com/news/articles/2024-09-18/scaramucci-expects-bitcoin-btc-record-on-rate-cuts-clearer-us-rules" target="_blank" rel="nofollow">Bloomberg report</a>. Scaramucci explained that this potential growth will stem from interest rate cuts and possible regulatory clarity following the November U.S. presidential election. 
<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow"> 
 “We are going to get pro-cryptocurrency, Bitcoin, and stablecoin legislation in the first part of the next congressional term in the US. At the same time, you’re intersecting with rate cuts from the Federal Reserve.” 
</blockquote> 
<h2 class="wp-block-heading" id="h-bipartisan-support-and-political-landscape">Bipartisan Support and Political Landscape</h2> 
Scaramucci also stressed the importance of bipartisan support in crypto regulation, pointing out that both Republicans and Democrats are interested in the sector. Former President Donald Trump has taken a pro-crypto stance to gain votes and donations in the presidential race. 
In contrast, Vice President Kamala Harris’s stance on digital assets…
The post <a href="https://coinedition.com/scaramucci-sees-bitcoin-soaring-to-100000-on-rate-cuts-crypto-clarity/">Scaramucci Sees Bitcoin Soaring to $100,000 on Rate Cuts, Crypto Clarity</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.

Scaramucci Sees Bitcoin Soaring to $100,000 on Rate Cuts, Crypto Clarity

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