- Anthony Scaramucci's Bitcoin Price Prediction
- Expectations for FED Rate Cuts
- Impact of US Elections on the Crypto Market
SkyBridge Capital founder Anthony Scaramucci stated in an interview with Bloomberg that Bitcoin could reach new highs due to FED rate cuts and the upcoming US presidential elections.
Anthony Scaramucci's Bitcoin Price Prediction
Anthony Scaramucci believes that Bitcoin's price could reach $100,000 by the end of the year following the FED rate cuts and US presidential elections. Scaramucci is optimistic that, under the new administration, especially Vice President Kamala Harris, cryptocurrency regulations will become more clear.
Expectations for FED Rate Cuts
Scaramucci expects the FED to make a 50 basis point cut today and to make at least 150 basis points in cuts over the next 18 months. He noted that FED rate cuts will be very favorable for asset prices in the US and globally.
Impact of US Elections on the Crypto Market
Scaramucci believes that Vice President Harris' campaign will support appropriate regulations for the crypto sector. He added that the first part of the next congressional term in the US will see bipartisan legislation.
Anthony Scaramucci believes in a bright future for Bitcoin and foresees positive changes in cryptocurrency regulation in the US. His predictions are based on FED rate cuts and the results of upcoming presidential elections.
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