SkyBridge Capital founder predicts Bitcoin price will reach $100,000 by the end of the year

Odaily News Anthony Scaramucci, founder of Skybridge Capital, expressed optimism about the price of Bitcoin in an interview with CNBC, predicting that it could reach $100,000 by the end of the year. Scaramucci believes that the current price pullback is caused by temporary factors, including the Mt.Gox payout and the German governments sale of Bitcoin. He also pointed out that the recovery of funds for FTX account holders may soon boost Bitcoin. He believes that many of them will reinvest their funds in Bitcoin. He said that the reluctance of the US Democratic Party to adopt digital assets, especially compared with the position of the US Republican Party, could become a costly mistake in terms of voter support in the US presidential election in November. He emphasized the potential of Bitcoin to become a long-term asset among Americans. (The Daily Hodl)