Anthony Scaramucci, founder of SkyBridge Capital, predicts Bitcoin could reach new highs, driven by Federal Reserve rate cuts and clearer US crypto regulations after the 2024 election. He expects bipartisan support for pro-crypto legislation early in the next congressional term, benefiting digital assets like Bitcoin and stablecoins.
While Trump has adopted a pro-crypto stance for his re-election, Scaramucci is optimistic about potential crypto policies under a Kamala Harris administration, citing discussions with her team. SkyBridge, once focused on hedge funds, has shifted toward digital assets since 2020.
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Scaramucci also forecasts the Federal Reserve will cut rates by 150 basis points over the next 18 months, boosting asset prices globally. He predicts Bitcoin could rise to $100,000 by year-end, up from its recent $60,000, supported by strong demand and potential US crypto ETFs.
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