Anthony Scaramucci: Bitcoin Will Hit $170,000

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According to Anthony Scaramucci, the CEO of SkyBridge Capital, the upcoming halving event for Bitcoin will lead to a rise in its price to $170,000.

He compared the cryptocurrency to Amazon, which initially emerged as a technology giant in the early 2000s and gradually transformed itself.

Scaramucci expressed his interest in Solana, an altcoin, during an interview with CNBC. SkyBridge Capital has invested part of its funds in SOL and the majority in Bitcoin.

As the market enters a bullish phase, Scaramucci predicts that BTC will reach $170,000, but it won’t stop there.

He believes that the digital currency will continue to rise, reaching $400,000 during the next bull phase. Eventually, BTC’s market capitalization will account for approximately half of the global supply of gold.