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Bitcoin

Scaramucci questions why Bitcoin is below $200,000, sees momentum ahead of 2028 halving

Image: TokenPost

Bitcoin has yet to reflect persistent inflation and deficit spending in its price, according to Anthony Scaramucci, who sees scope for momentum to build as the 2028 halving approaches. He said public awareness of Bitcoin had exceeded his expectations while its price had fallen short. In a Cointelegraph interview at Salt London on November 9, SkyBridge Capital founder Scaramucci reiterated his conviction in Bitcoin’s long-term value and four-year cycle. Against a backdrop of inflation and continued government spending, he asked: “How is it not 200,000?” Scaramucci put Bitcoin’s price at around $75,000–$80,000 during the interview, below the level he had expected. Asked what concerned him about the crypto industry, however, he acknowledged that his own optimism could be excessive and that his assessment could be wrong.

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