Anthony Scaramucci’s Bold Bitcoin Target: $100K by Year-End

Anthony Scaramucci, co-founder of Skybridge Capital, has stirred excitement in the crypto world with his prediction that Bitcoin (BTC) could hit $100,000.

Speaking on September 18, Scaramucci linked his bullish outlook to expected U.S. Federal Reserve rate cuts and upcoming presidential elections.

Bitcoin recently surged past $60,000, aligning with Scaramucci’s optimistic forecast. He anticipates that favorable cryptocurrency legislation will emerge early in the next congressional term, boosted by potential rate cuts from the Federal Reserve. Scaramucci believes these developments will positively impact asset prices both in the U.S. and globally.

Despite former President Trump’s previous dismissal of Scaramucci and Trump’s clear stance on digital asset regulation, Scaramucci is now hopeful about crypto regulations under the Harris administration. The latest data from Polymarket shows a close race between Harris and Trump, adding to the uncertainty.

Today, Bitcoin’s price reached a high of $61,316, reflecting a 3% increase in 24 hours and highlighting significant institutional interest with a $186.76 million inflow into Bitcoin ETFs. New and old whales alike are accumulating Bitcoin, further fueling optimism for its price trajectory.