Anthony Scaramucci Predicts Bitcoin All-Time Highs with Biden Win

The founder of SkyBridge Capital, Anthony Scaramucci, has made a bold prediction that Bitcoin could reach new all-time highs if his preferred presidential candidate, Joe Biden, wins the upcoming election. In an interview on Unchained, Scaramucci stated that he believes Bitcoin could rise to as high as $250,000 during a second Biden administration.

Scaramucci, who previously served as the White House Director of Communications under former President Donald Trump, explained his support for Biden by highlighting recent positive developments in the crypto industry under the current administration. He mentioned that the approval of Spot Ethereum ETFs and the potential for more layer-1 ETFs indicate a positive shift towards crypto-friendly policies.

Despite Trump’s recent affirmation of support for cryptocurrencies, Scaramucci criticized the former President for being “very transactional” and suggested that his newfound support for crypto may be a ploy to gain votes from the crypto community. Scaramucci also emphasized that the crypto industry has already won against anti-crypto figures like Senator Elizabeth Warren and Gary Gensler, who he described as “authoritarian and autocratic.”

Overall, Scaramucci’s optimistic outlook on Bitcoin’s future under a Biden administration reflects his belief that the crypto industry has overcome challenges and is poised for further growth. With the potential for Bitcoin to reach new highs and continued support for crypto-friendly policies, the future looks bright for the digital asset market.