{"id":9895,"date":"2024-01-17T19:59:30","date_gmt":"2024-01-17T17:59:30","guid":{"rendered":"https:\/\/forklog.com\/en\/anthony-scaramucci-predicts-bitcoin-to-reach-170000-by-2025\/"},"modified":"2024-01-17T19:59:30","modified_gmt":"2024-01-17T17:59:30","slug":"anthony-scaramucci-predicts-bitcoin-to-reach-170000-by-2025","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/anthony-scaramucci-predicts-bitcoin-to-reach-170000-by-2025\/","title":{"rendered":"Anthony Scaramucci Predicts Bitcoin to Reach $170,000 by 2025"},"content":{"rendered":"

The price of the leading cryptocurrency is expected to surpass $170,000 next year, according to Anthony Scaramucci, founder of SkyBridge Capital, who made the statement in Davos, as reported by Reuters<\/a>.<\/p>\n

\n\u201cIf bitcoin is at $45,000 during the halving, which is roughly where it is now, the asset will reach $170,000 by the middle or end of 2025. […] Wherever the price is on the day of the halving in April, multiply it by four \u2014 bitcoin will reach that level in the next 18 months,\u201d the expert noted.<\/cite><\/p><\/blockquote>\n

According to him, the recent decline in bitcoin’s price<\/a> below $42,000 is due to investors shifting assets from the GBTC<\/span> to new exchange-traded funds, approved<\/a> by the SEC<\/span>.<\/p>\n

Scaramucci is confident that the market will need another eight to ten trading days to reflect the impact of the new instruments on the price of the leading cryptocurrency.<\/p>\n

Earlier in January, amid the launch of bitcoin ETFs, the digital gold exceeded $48,000<\/a>.<\/p>\n

Previously, Tom Lee, co-founder of the analytical firm Fundstrat, predicted<\/a> that the leading cryptocurrency would rise to $150,000 by the end of 2024. In his view, the asset will reach $500,000 within the next five years.<\/p>\n","protected":false},"excerpt":{"rendered":"

The price of the leading cryptocurrency is expected to surpass $170,000 next year, according to Anthony Scaramucci, founder of SkyBridge Capital, who made the statement in Davos, as reported by Reuters. \u201cIf bitcoin is at $45,000 during the halving, which is roughly where it is now, the asset will reach $170,000 by the middle or […]<\/p>\n","protected":false},"author":1,"featured_media":9894,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1254,1146],"class_list":["post-9895","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-anthony-scaramucci","tag-cryptocurrency-market-forecasts"],"aioseo_notices":[],"amp_enabled":true,"views":"46","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/9895","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=9895"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/9895\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/9894"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=9895"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=9895"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=9895"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}