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.

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Investors Await Fed Rate Decision as Bitcoin Shows Potential for Q4 Gains

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.

Alexander Stefanov

With over 8 years of experience in the cryptocurrency and blockchain industry, Alexander is a seasoned content creator and market analyst dedicated to making digital assets more accessible and understandable. He specializes in breaking down complex crypto trends, analyzing market movements, and producing insightful content aimed at educating both newcomers and seasoned investors. Alexander has built a reputation for delivering timely and accurate analysis, while keeping a close eye on regulatory developments, emerging technologies, and macroeconomic trends that shape the future of digital finance. His work is rooted in a passion for innovation and a firm belief that widespread education is key to accelerating global crypto adoption.