{"id":73117,"date":"2023-01-26T17:30:12","date_gmt":"2023-01-26T15:30:12","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=73117"},"modified":"2025-09-09T12:19:01","modified_gmt":"2025-09-09T09:19:01","slug":"anthony-scaramucci-predicted-a-bitcoin-revival-in-2023","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/anthony-scaramucci-predicted-a-bitcoin-revival-in-2023\/","title":{"rendered":"Anthony Scaramucci predicted a Bitcoin revival in 2023"},"content":{"rendered":"<p>SkyBridge Capital founder Anthony Scaramucci expects the <span data-descr=\"Federal Reserve System\" class=\"old_tooltip\">Fed<\/span> to pause its campaign to raise the federal funds rate until it reaches its 2% inflation target. This will trigger a rally in high-risk assets such as Bitcoin, the investor said in an interview with <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2023-01-24\/skybridge-s-scaramucci-sees-risk-asset-crypto-resurgence-on-fed-pause?sref=AACmJ2tc\">Bloomberg<\/a>.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>&#8220;I really believe the Fed will declare victory at an inflation rate of 4-5%. If I\u2019m right, markets will rebound. There will be a large number of short squeezes in cryptocurrencies, and a revival of risk assets,&#8221; said Scaramucci.<\/p>\n<\/blockquote>\n<p>The SkyBridge Multi-Advisor Hedge Fund Portfolios Series G portfolio is roughly 10% invested in Bitcoin. According to Scaramucci, even if the cryptocurrency rises, the firm does not intend to increase this share, but is instead ready to &#8220;scale into other things&#8221;.<\/p>\n<p>In September 2022, FTX <a href=\"https:\/\/forklog.com\/en\/news\/ftx-ventures-to-acquire-a-stake-in-skybridge-capital\">acquired 30% of SkyBridge<\/a>&#8216;s shares. The investment of $45 million was used by the company to buy FTT tokens, which it subsequently sold at a loss of $9.6 million.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>&#8220;I don&#8217;t hide it. I am sure that for people who believe in capitalism and understand the associated risks, it&#8217;s important to understand what happened. I won&#8217;t risk less in the future because <a href=\"https:\/\/forklog.com\/en\/news\/anthony-scaramucci-called-sam-bankman-fried-a-traitor\">I got burned by Sam Bankman-Fried<\/a> [Bankman-Fried].&#8221;<\/p>\n<\/blockquote>\n<p>In his view, the &#8220;extreme pessimism&#8221; about cryptocurrencies demonstrated by world leaders at the World Economic Forum in Davos is an &#8220;extremely optimistic&#8221; signal for investors in digital assets.<\/p>\n<p>Analysts expect the central bank to raise rates again by 25 basis points on February 1. The CME Group&#8217;s FedWatch tool indicates a 99.8% probability that rates will settle in the 4.5-4.75% range. <a href=\"https:\/\/www.theblock.co\/post\/205838\/us-economic-growth-tops-estimates-grew-by-2-9-during-the-fourth-quarter\">raise rates by another 25 basis points<\/a>.<\/p>\n<p>Earlier, Bitcoin&#8217;s rally after the Fed&#8217;s tightening was also predicted by Galaxy Digital chief Mike Novogratz <a href=\"https:\/\/forklog.com\/en\/news\/mike-novogratz-bitcoin-set-to-rise-as-fed-policy-eases\">predicted by Galaxy Digital<\/a> Mike Novogratz.<\/p>\n<p>Read ForkLog&#8217;s Bitcoin news on our <a href=\"https:\/\/telegram.me\/forklog\" target=\"_blank\" rel=\"nofollow noopener\">Telegram<\/a> \u2014 cryptocurrency news, prices and analysis.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>SkyBridge Capital founder Anthony Scaramucci expects the Federal Reserve to pause its campaign to raise the federal funds rate until it reaches its 2% inflation target. This will trigger a rally in high-risk assets such as Bitcoin, the investor said in an interview with Bloomberg.<\/p>\n","protected":false},"author":1,"featured_media":73118,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1254,1138],"class_list":["post-73117","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-anthony-scaramucci","tag-opinions"],"aioseo_notices":[],"amp_enabled":true,"views":"19","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/73117","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=73117"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/73117\/revisions"}],"predecessor-version":[{"id":73119,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/73117\/revisions\/73119"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/73118"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=73117"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=73117"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=73117"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}