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"Scaramucci: Bitcoin price today is ‘where it should have been in 2022’"
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"Scaramucci, the founder and managing partner of SkyBridge Capital, stated that Bitcoin's current price of around $98,000 is where it should have been in 2022. He attributed the prolonged weakness in Bitcoin's price to the delay in approving a Bitcoin spot exchange-traded fund, which he believes should have occurred in the first quarter of 2022. However, Scaramucci is optimistic about the near-term prospects for Bitcoin, citing growing interest from university endowments, the potential for a Bitcoin strategic reserve fund in the U.S., and sovereign wealth funds in the Middle East quietly building crypto positions."
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"content": "nostr:nprofile1qyd8wumn8ghj7ctjw35kxmr9wvhxcctev4erxtnwv4mhxqpqfupvkfgd5pazlt7lr0zqhmsnvrd87xmgwec5y356qnctzdmkvz9qjj8vg8\nhttps://crypto.news/app/uploads/2024/08/crypto-news-bull-and-bitcoin-option05.webp\nBitcoin’s dip below $100,000 reflects where it should have traded at years ago, says Anthony Scaramucci Speaking on Monday’s CNBC ‘Squawk Box’ segment, the SkyBridge Capital founder and managing partner stated that Bitcoin’s (BTC) price of around $98,000 is “where…\nhttps://crypto.news/scaramucci-bitcoin-price-today-is-where-it-should-have-been-in-2022/",
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