- Anthony Scaramucci predicts Bitcoin price would hit $100,000 in 2021
- Scaramucci believes forces of demand and supply will help Bitcoin
Former Goldman Sachs banker and chairman at SkyBridge Capital, Anthony Scaramucci, has predicted that before the end of 2021, Bitcoin price would hit $100,000. This is after previously warning investors of Bitcoin’s notorious volatility.
Scaramucci explained that the demand for Bitcoin has hiked lately. He also revealed that his firm’s investment in Bitcoin is over $500 million.
“We like it,” Scaramucci said in a “Squawk Box” interview. “We have over half a billion dollars in Bitcoin right now. And obviously, our Bitcoin fund started in December. It’s done quite well.”
Scaramucci Bitcoin Price prediction may be right
Bitcoin has already gained 70 percent since the new year began, rocketing to more than $51,000 per unit for the first time on Wednesday. The world’s biggest cryptocurrency also quadrupled last year.
Read more: Cryptopolitan