The founder of the Skybridge Capital Foundation Anthony Scaramucci on the Squawk BOX program CNBC made an optimistic forecast for the bitcoin course, suggesting that by the end of the year the first cryptocurrency will be traded in the $ 180 000- $ 200,000 range.
Scaramucci called the main reason for the bull rally bitcoin – the growing interest of large companies. According to his observations, if earlier the blockchain conferences were mainly attended by retail investors and heads of blockchain startups, now institutional investors are actively involved in such events. The key factor for the growth of bitcoin is to expand the coverage of customers in combination with a limited offer of 21 million coins, Scaramucci said.
The businessman emphasized that the consolidation of bitcoin, in particular, falls from $ 124,457 to $ 113,733, which occurred on August 20, means the transition to long -term stability of cryptocurrency, which is increasingly accumulating in corporate reserves. The volatility does not prevent bitcoin from moving to $ 200,000, since the demand in the market significantly exceeds the supply, the founder of Skybridge Capital is sure.
According to Scaramucci, Bitcoin becomes a valuable asset of the financial system due to its deficiency and transparency. Scaramucci suggested that in the future, BTC will become a reliable means of saving, capable of competing with gold in market capitalization and even surpass the precious metal in this indicator.
Recently, Skybridge Capital announced the readiness to tocenize $ 300 million, transferring two of its funds to the Avalanche blockchain: Digital Macro Master Fund and Legion Strategies.
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Source: Cryptocurrency
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