Anthony Scaramucci Predicts Bitcoin Could Reach $170,000 Next Year

Reading Time: < 1 minute

According to Anthony Scaramucci, the founder of SkyBridge, Bitcoin is poised to reach a staggering $175,000 by the end of 2025, with its popularity surging due to the introduction of spot exchange-traded funds (ETFs) that invest in BTC on the US stock market.

The upcoming halving event, scheduled for this spring, will also play a crucial role in enhancing the attractiveness of this digital currency.

Despite BTC’s recent dip to $41,500 last week, Scaramucci believes that the bullish pattern will continue within the next 18 months and urges investors not to be deterred by the fluctuations, as they were caused by a reallocation of investment in the stock market.

While the transformation of Grayscale’s investment trust into a cryptocurrency fund ETF may have sparked some market volatility, Scaramucci is confident that once market sentiment stabilizes, the growth will resume.