Bitcoin price today is “where it should have been in 2022”

Anthony Scarmocchi says Bitcoin’s decline is less than $ 100,000 reflects where he should have been trading years ago.

Speaking on Monday CNBC Part “Squawk box”The founder of Skybridge Capital and management partner stated that Bitcoin (BTCThe price of about 98,000 dollars is “where it should have been in 2022.” He indicated that consent Bitcoin spot Trading trading fund In January 2024 it should have happened in the first quarter of 2022.

He said that this delay “caused a lot of price damage,” which led to Bitcoin’s weakness for a long time throughout 2022. Bitcoin did not again exceed $ 60,000.

However, Scaramucci believes that the encryption market today benefits from the White House Trump, which is carrying out “appropriate, decent organization, in the middle of the road.”

Monitoring time?

Scaramucci has pointed out many in the short -term stimuli that can help Bitcoin restore the lost land. Highlighting the increasing attention from university endowments, including Emori University, which A stake revealed At Grayscale’s Bitcoin ETF in late 2024, the University of Austin is studying the launch of the Bitcoin Investment Fund.

In addition, Scaramucci suggested that the Bitcoin Strategic Fund in the United States “is likely to happen at a small level.” Contrary to the common belief, he pointed out that the American strategic reserve carries approximately 30 of the various assets, and the bitcoin “one of the assets that the country wants to own.”

Meanwhile, he added that the sovereign wealth funds in the Middle East are “quietly” building encryption sites.