Anthony Scaramucci stated that macro indicators such as falling inflation, important business partnerships and pumping crypto prices will reflect positively on prices.
The stagnation in the crypto money market for a long time began to take action slowly. Anthony Scaramucci, founder and managing partner of Skybridge Capital, said that partnerships and innovations from crypto companies are among the biggest factors in this situation.
Scaramucci Looks Optimistic To The Crypto Market
Anthony Scaramucci, founder and managing partner of Skybridge Capital, cited falling inflation, key partnerships and improving macro indicators, Etherum Merge, as reasons for his optimism.
Hedge fund manager Scaramucci stated that a few new developments in the crypto space, such as Ethereum Merge, will trigger much more commercial activity. Therefore, he advises investors to see the current environment, stay patient and stay long term. In particular, he highlighted the two-tiered payment protocol Lightning Network built on top of Bitcoin (BTC), BlackRock’s partnership with Coinbase, and the subsequent establishment of a BTC Private Trust Fund as positive signs for the future.
Overall, Scaramucci has a positive outlook for the crypto market and warns investors to beware of bad news and snappy reactions to emotion-based trading.
Stating that his firm believes that BTC can see an unprecedented rise in the next six years, Scaramucci made his statement as follows:
“I think that’s the message I’m trying to send to investors; just relax, we see a pretty optimistic scenario for BTC, ETH, ALGO and Solana (SOL) in the next 12 to 24 months.”
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