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Anthony Scaramucci: Bitcoin Has More Room to Run as Wall Street Generates Huge Demand for BTC

Anthony Scaramucci: Bitcoin Has More Room to Run as Wall Street Generates Huge Demand for BTC

CointimeCointime2024/04/07 07:20
By:Cointime

Anthony Scaramucci, founder of SkyBridge Capital, believes that Bitcoin has significant potential for growth due to high demand and decreasing supply. In an interview with CNBC, Scaramucci stated that the approval of Bitcoin spot market exchange-traded funds (ETFs) has opened up new pools of capital for investment in the cryptocurrency. He also predicts that as Wall Street continues to purchase thousands of BTC per day, and with the upcoming halving event, Bitcoin's price will continue to rise. Scaramucci concludes that despite recent gains, Bitcoin still has a lot of room for growth.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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