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<ul>
 <li>SkyBridge Capital’s founder, Anthony Scaramucci, believes Bitcoin will achieve new all-time highs in the next six months despite recent corrections.</li>
 <li>Scaramucci attributes Bitcoin’s current dip to Mt. Gox claims settlement and German government coin sales.</li>
 <li>Despite challenges, Scaramucci remains optimistic, projecting a $100,000 Bitcoin price by year-end.</li>
</ul>
<p>SkyBridge Capital’s founder, <a href="https://twitter.com/scaramucci?lang=en" rel="noopener noreferrer nofollow">Anthony </a><a href="https://twitter.com/scaramucci?lang=en" target="_blank" rel="noopener noreferrer nofollow">Scaramucci</a>, expressed strong confidence in Bitcoin’s potential to achieve significant milestones in the near future. During a recent CNBC interview, Scaramucci projected that Bitcoin could soar to new all-time highs within the next six months after a recent correction that brought the price down to the $50,000 range.</p>
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
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   <p lang="en" dir="ltr">NEW: <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Bitcoin</a> can get to $100,000 by end of year — Skyridge's Anthony Scaramucci <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f680.png" alt="🚀" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://t.co/cTpI8D9lv4" rel="noopener noreferrer nofollow">pic.twitter.com/cTpI8D9lv4</a></p>— Bitcoin Magazine (@BitcoinMagazine) <a href="https://twitter.com/BitcoinMagazine/status/1810700925863932293?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">July 9, 2024</a>
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<p>Scaramucci attributed Bitcoin’s current dip to several temporary factors. These factors include the settlement of claims related to the <a href="https://cryptonewsland.com/mt-gox-anticipated-selloffs-and-german-dumping-fuel-btc-crash/" target="_blank" rel="noopener noreferrer nofollow">defunct cryptocurrency exchange Mt. Gox</a> and the sale by the German government.&nbsp;</p>
<p>Despite these challenges, he maintained an optimistic outlook on Bitcoin’s long-term prospects. He noted that Bitcoin could hit $100,000 by the end of this year, provided it navigates through the current challenges.</p>
<h2 class="wp-block-heading" id="h-potential-catalyst-for-bitcoin-s-resurgence">Potential Catalyst for Bitcoin’s Resurgence</h2>
<p>Scaramucci pointed to the imminent release of approximately $16 billion to <a href="https://ftx.com/" target="_blank" rel="noopener noreferrer nofollow">FTX</a> account holders affected by the exchange’s collapse. He anticipated that a substantial portion of these funds would be reinvested into Bitcoin, bolstering its market position.</p>
<p>In addition to his financial insights, he issued a cautionary note to the Democratic Party regarding their approach to digital assets. Scaramucci suggested that their stance on cryptocurrencies could influence voter sentiment.</p>
<p>As of the latest update, Bitcoin was trading at $58,720, marking a nearly 1.9%% increase over the past 24 hours. Bitcoin’s volatility stems from many factors, including speculative trading, market sentiment shifts, regulatory news, and technological developments.&nbsp;</p>
<p>Additionally, <a href="https://bitcoin.org/" target="_blank" rel="noopener noreferrer nofollow">Bitcoin</a> reacts to economic events worldwide, contributing to rapid price fluctuations. Meanwhile, the cryptocurrency market continues to attract attention and speculation amid ongoing developments and macroeconomic factors influencing digital assets globally.</p>
<h4 class="wp-block-heading" id="h-read-also">Read Also&nbsp;</h4>
<ul class="wp-block-yoast-seo-related-links yoast-seo-related-links">
 <li><a href="https://cryptonewsland.com/crypto-on-ballot-former-press-secretary-scaramucci-warns-of-elections-digital-dilemma/" rel="noopener noreferrer nofollow">Crypto on Ballot: Former Press Secretary Scaramucci Warns of Election’s Digital Dilemma</a></li>
 <li><a href="https://cryptonewsland.com/scaramucci-sees-bitcoin-at-170k-by-2025-citing-halving-etfs/" rel="noopener noreferrer nofollow">Scaramucci Sees Bitcoin at $170K by 2025, Citing Halving &amp; ETFs</a></li>
 <li><a href="https://cryptonewsland.com/reputed-crypto-investor-anthony-pompliano-shifts-crypto-holdings-from-ethereum-to-solana/" rel="noopener noreferrer nofollow">Reputed Crypto Investor Anthony Pompliano Shifts Crypto Holdings from Ethereum to Solana</a></li>
 <li><a href="https://cryptonewsland.com/shiba-inu-price-swings-will-it-jump-40-by-year-end/" rel="noopener noreferrer nofollow">Shiba Inu Price Swings: Will It Jump 40% by Year-End?</a></li>
 <li><a href="https://cryptonewsland.com/how-xrps-past-could-shape-a-1000-future-by-year-end-2024/" rel="noopener noreferrer nofollow">How XRP’s Past Could Shape a $1,000 Future by Year-End 2024</a></li>
</ul>
<p>The post <a href="https://cryptonewsland.com/skybridge-capitals-anthony-scaramucci-predicts-bitcoins-surge/" rel="noopener noreferrer nofollow">SkyBridge Capital’s Anthony Scaramucci Predicts Bitcoin’s Surge to $100,000 by Year-End</a> appeared first on <a href="https://cryptonewsland.com" rel="noopener noreferrer nofollow">Crypto News Land</a>.</p>

SkyBridge Capital’s Anthony Scaramucci Predicts Bitcoin’s Surge to $100,000 by Year-End

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