U.Today – Anthony Scaramucci on Bitcoin

Anthony Scaramucci, founder of SkyBridge Capital, has reassured potential investors in the Bitcoin community after recent bullish developments in the ecosystem.

Scaramucci's Optimism Amid Bitcoin Surge

Bitcoin (BTC), the world’s leading cryptocurrency, recorded a staggering profit of $8,343 in a single day of trading. This unprecedented surge led to Bitcoin flipping silver in market capitalization, leaving some investors feeling they missed out on profit-taking.

In a post on X, Scaramucci expressed his belief that Bitcoin will continue to record future gains beyond the current cycle, reassuring those without Bitcoin that it’s not too late to invest. He stated, "It may feel like you missed it, but you didn’t."

Scaramucci emphasized that Bitcoin has long-term value and better days are ahead. He encouraged new investors to join in, as future events may positively impact Bitcoin. Notably, he mentioned the possibility of the U.S. government establishing a "Strategic Bitcoin Reserve," which could lead to broader global acceptance and bullish sentiment for the asset.

Institutional Interest and Regulation

Additionally, Scaramucci predicted increasing interest from institutional players, asserting that asset managers and financial institutions will likely include Bitcoin in their portfolios. He believes that the impact of the incoming U.S. administration could accelerate Bitcoin adoption.

He has always been positive about Bitcoin, forecasting that it could become a store of value by 2026 with wider usage, potentially reaching one billion users.

As of now, Bitcoin is trading at $87,268.45, reflecting a 6.39% increase in the last 24 hours after earlier testing the $90K level, peaking at $89,729.

This article was originally published on U.Today.